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The Rise Of The Million Dollar, One-Person Business - Forbes


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The first paragraph is the most important. Most microbusinesses are tiny:

For most people who start a one-person business, riches don’t follow. The U.S. Census Bureau’s recently released annual report on “non-employer” businesses found that there were 22.5 million “nonemployer firms” in 2011. They had average revenues of $44,000. That’s in the ballpark of the average annual wage in the U.S. of $45,790, though, of course, any overhead the owners must pay comes out of their revenue.

Only 2000 microbusinesses out of 22.5 million had revenues above $2.5 million:

* 1.6 million owners rang up sales in the the $100,000 to $249,999 range (up from 1.5 million in 2010)

* 484,479 had sales from $249,000 to $499,000 (up from 453,694 in 2010)

* 209,415 had sales between $500,000 to $999,999 (up from 198,755 in 2010).

* 26,744 had sales between $1 million and $2.49 million (up from 24,945 in 2010)

* 1,723 had sales between $2.5 million and $4.99 million (up from 1,618 in 2010)

*368 had sales of $5 million or more (down from 442 in 2010).

That's fewer than one in 10,000.

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