Small Business Labs

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Most Small Businesses Still Have Less Than $400,000 in Annual Revenue.

Small Business Labs

Census 2016 Annual Survey of Entrepreneurs (the most recent data available), the median U.S. Our title includes the word "still" because we posted on this data back in 2016 , when 2014 data was most recent available. According to data from the U.S, An alert reader asked if there was more recent data.

2016 204
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Academic Studies Show Gig Economy Larger Than Government Data Suggests

Small Business Labs

.  Making Ends Meet: The Role of Informal Work in Supplementing Americans’ Income looked at data from the Federal Reserve Board's Survey of Household Economics and Decision Making (SHED). The study found "28 percent of adults age 18 and older participated in informal work for pay during the survey reference month."

2017 206
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Most Small Businesses Started by Investing Less than $30,000

Small Business Labs

Census 2014 Survey of Entrepreneurs. Regular readers may remember back in 2014 we reported on a survey that said most small businesses are started with less than $10,000. The data from the 2014 survey was for small businesses with fewer than 50 employees.

2014 100
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The Rise of Solopreneur Manufacturing Companies

Small Business Labs

" As the chart below shows (click to enlarge), there were about 350,000 manufacturing firms with no employees other than the owner in 2014, up almost 17% from 2004. Federal Reserve study  2015 Small Business Credit Survey: Report on Non-Employer Firms  also found a high rate of contract worker usage by non-employers.

2004 185
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Most Small Businesses Have Less Than $400,000 in Annual Revenue

Small Business Labs

Annual Survey of Entrepreneur s, the median U.S. As the chart below shows, in 2014 the median small business had receipts of about $390,000 and  about 4 in 10 (39%) had less than $250,000. According to data from the  2014 U.S.

2014 100
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Economic Uncertainty Hits Millennials; Only 1/3rd Feel They are Middle Class

Small Business Labs

The Guardian's  US millennials feel more working class than any other generation  covers data from the General Social Survey showing that the number of millennials (born 1980 to 2000) who consider themselves middle class has fallen from 45.6% in 2002 to 34.8% But I digress. 

2002 100
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Uber, Lyft and Airbnb Rapidly Gaining Share in the Corporate Market

Small Business Labs

According to a survey from the Global Business Travel Association  (GBTA), half of corporate travel policies allow for the use of ride-sharing services such as Uber or Lyft. with 30% of the corporations surveyed officially allow home-sharing service for their traveling employees. . This data is hardly surprising.

2014 100