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Russell Cohen
Transworld Business Brokers
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General Business [ Back to General Business ]

How Big Are Most Businesses - Smaller than You Think?

Are you intrigued by the subject of just how big most businesses are?

American Business Information, an infoUSA company, has a breakdown that is quite revealing. Following is a randomly selected list of different types of businesses and the percentage of the total number in the U.S. that have less than $500,000 in annual sales.

Type of business	% of the total number with sales less than $500,000
Advertising Agencies	58%
Apparel & Garments (retail)	67%
Art Galleries	78%
Art Supplies	53%
Auto Lube	77%
Auto Exhaust System Repair	56%
Auto Parts & Supply	27%
Auto Body Repair	66%
Bagels	58%
Beauty Salons	96%
Bicycle Shops	54%
Book Dealers (stores)	48%
Check Cashing Agencies	58%
Coffee Shops	79%
Coin-Op Laundries	96%
Convenience Stores	19%
Delicatessens	77%
Doughnut Shops	69%
Florists	82%
Hotels & Motels	57%
Ice Cream Parlors	74%
Lawn & Grounds Maintenance	82%
Liquors –Retail	42%
Paint – Retail	16%
Pet Shops	58%
Restaurants	59%
Sporting Goods – Retail	46%
Tanning Salons	94%

Auto dealers, manufacturers and many other companies that would have certainly lowered the percentages are not included, but the above create a cross-section of main street type businesses. These businesses make up almost 90 percent of the total number of businesses in the U.S. Looking at the above selection and not counting the numbers of each, but just the percentages - over 60 percent, on average, have annual sales of less than $500,000. That's what small business is all about. Being your own boss, running your own show, making your own decisions, answering (most of the time) to no one, living your own life, and making a living - that's small business. It would appear from the data that small business is alive and well!

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