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Global Entrepreneurship

Statistics

  • There are over 31.7 million small businesses in the US. 
  • Small businesses have a much higher employee turnover rate than larger companies.
  •  $69,357 is the average annual salary for small business owners.
  • 12% of business owners have only a high school diploma.
  • 20% of small businesses fail during their first year.
  • The best place to start a business in the US is Austin, Texas.
  • 44% of business owners belong to Generation X.
  • 40% of all businesses in the US are women-owned.
  • The COVID-19 pandemic closed the door to a staggering 31% of small businesses. 
  • Online retailers have experienced a real renaissance during the pandemic.
From capitalcounselor.com/entrepreneurship-stats/
Infographic: Where Female Entrepreneurs Are Most & Least Common | Statista You will find more infographics at Statista
Infographic: Immigrant Entrepreneurs Shape America's Startup Economy | Statista You will find more infographics at Statista
Subjects: Library Spotlights