What does the business landscape look like?
What does the business landscape look like?
Here are 10 interesting statistics you should know, courtesy of Brimco:
There are approximately 582 million entrepreneurs on Earth. That’s about 250 million more people than the US population!
90% of small businesses make up 90% of all global companies.
81% of business owners work overtime.
63% of businesses remained profitable in 2020, despite the pandemic.
30% of pandemic entrepreneurs claim they’ll never open a brick-and-mortar store.
1 in 12 businesses close every year due to low sales and cash flow.
54% of small business owners have a bachelor’s degree or higher.
44% of small business owners are between 39 and 54.
56% of businesses are struggling to find the right employees.
72% of small business owners are optimistic about the future.
At Value Logic Solutions, we are passionate about creating freedom for business owners by helping them clarify what success is for them and how to achieve it. Are you ready to create freedom, accelerate growth, and maximize profits?
Q. Which of these statistics, if any, most surprised you?
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