Home Finance How many small businesses are there in America and how many fail?

How many small businesses are there in America and how many fail?

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there 3.7 million small businesses in the United States. this number is higher 99% of all firms operating in the US and works 48.75% of the workforce. The average annual revenue for a small business is $46,979, and is more than half less than 10 employees. And while COVID-19 had a dire impact on the economy, business Startups grew 24% during the pandemic. These are just some of the business statistics you can find in this post!

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