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During a Recession, Entrepreneurs Are in the Driver’s Seat

Success

A 2019 report from the U.S. Small Business Administration Office of Advocacy found that “the median net worth of self-employed families at $380,000 in 2019 was over four times that of families of workers ($90,000).”. Small businesses typically account for more than 40%… of the gross domestic product of the United States.

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How to Find Your Money ‘Why’

Success

More than this, advertising often appeals to our sense of self, frequently tying products to concepts or feelings that we truly believe in. Or, if that’s too much, imagine the speech a colleague might give upon your retirement. This article was published in November 2019 and has been updated. Choose your identity.

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Business finance: The ultimate guide for non-finance people

BMT Office Administration

within their first year of operation) due to cash flow problems and a lack of demand for their products and services. In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). The good news?

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