Small Business Statistics: Only 23 Percent Pay Any Wages At AllOctober 24, 2011 5:47 pm
We spotted this today:
“New research by the Treasury Department finds that small businesses — defined as those with income between $10,000 and $10 million, or about 99 percent of all businesses — account for just 17 percent of business income, and only 23 percent of them pay any wages at all.”
Those are surprising stats, by any measure.
Statistics Source: Reuters