In honor of National Small Business Week, we’re celebrating the unique and enterprising spirit of entrepreneurs who contribute to our communities. Created by the U.S. Small Business Administration (SBA) over 50 years ago, the event is co-hosted by SCORE and shines a spotlight on the innovation and hard work that...
By definition, microenterprises are businesses that require less than $35,000 in capitalization to start and have fewer than ten employees. Most are focused on the owner’s personal expertise—consulting, design, lawn care—and may not require a physical location. Microenterprises—both online and brick and mortar— represent about 77% of overall businesses in...
Every January, the number of people who Google “how to start a business” jumps to hundreds of searches a day. This year in particular, many of these searches are coming from the millions of Americans who quit their jobs in 2021. While starting a business is a common new year’s resolution,...
Business closures and job losses caused by the pandemic forced thousands of people to reevaluate their lives and career paths. Individuals who had never considered launching a startup began creating businesses out of a combination of necessity and opportunity. According to data from the Census Bureau, Americans filed paperwork to start...
