Mini Micro-business quiz

What is a micro-business anyway?

See how well you can answer these questions!

1.  What percentage of all US business employ less than five workers?

A- 50%

B- 70%

C-90%

2.   What percentages of all business in USA have no employees?

A-20%

B-50%

C-75%

3.  The average micro-business earns less than how much per year?

A-$150,000

B-$250,000

C- $50,000

Answers:

1.  According to the Census Department data performed last year, ninety percent of all U.S. business have less than five workers which makes them micro-businesses.

So- we have a huge voice. You are certainly not alone.

2.  Seventy-five percent of  that group are solo businesses who are marketing a product or service. You operate from every sector of the economy from retail, manufacturing and  health care giving you a huge collective potential to significantly impact the economy and make a big difference in your own community.

3. Unfortunately most micro-businesses earn $50,000 per year or less. Reasons include being under capitalized and therefore not being able to invest in their own business or get adequate help.

Maybe you are one of the few who earn a bit more than that or possibly you are one of the majority who are struggling. Reagardless, it is possible to change that statistic and make your business more successful.

You can begin by getting help, talking to other micro-business owners and learn how to leverage yourself by creating a team to work with you. Begin by giving your opinion and be heard!