Stefan Töpfer
CEO & Chairman of WinWeb
Email Me
I'm passionate about very small business, it's positive impact on personal lives and for local communities. Reducing small business failure is my aim and
that of WinWeb's services.







Subscribe


Email notification,
enter your email address below



Small Business Survival Is Getting Better




The SBA has a interesting research paper with the title “Volatility and Asymmetry of Small Firm Growth Rates Over Increasing Time Frames” - a key finding is:

Survival rates over the five-year period were similar for the different size classes, except the smallest. The survival rate for establishments with 4–7 employees was 75.3 percent; this rate slowly rose to 84.2 percent for the 512–1,023 size class. Even small size classes had relatively high five year survival rates, 61.4 percent for one-person establishments and 70.1 percent establishments with two to three persons.

This is further good news for small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Personal business, as it indicates a much better entrepreneurial infrastructure than before.

Before every politician claims to be responsible for this, let me say that in my opinion it is the advances in internet technology and better educational tools - often also powered by the internet - that made this possible.

Hat-tip to Small Biz Labs

« Business Fraud On the Rise
Virtual Assistant or Virtual Worker? »



This entry was posted on Tuesday, August 14th, 2007 at 9:07 am and is filed under Small Business / SOHO. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

| Trackback | Share This

Leave a Reply

*
Please enter the anti-spam text shown in the picture.

Anti-Spam Image
Close
E-mail It