Small Business Statistical Research

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Part
01

Small Business Statistical Research

Key Takeaways


Introduction

The report below entails the failure (in percentage) of small businesses in the US within i] two years, ii] five years, and iii] ten years. Also, it provides the number of small firms generating revenue of at least i] $1 million, 2] $5million, and iii] $10 million.

The Percentage of Small Businesses that Fail in the US Within a Given Period

Other Helpful Findings Regarding Small Businesses Failure

The US Small Businesses Annual Revenue


Other Helpful Findings Regarding Small Businesses Revenue


Research Strategy

To find the statistical data on the US small businesses, we utilized government reports by the US Census Bureau and US Small Business Association. Also, we leveraged information from news and media articles published by reputable sources like Forbes and Zen Business. We could find all the requested data from these sources plus additional/helpful findings on the topic. We have also provided these sources, i.e., Small Biz Genius, Review42, and Fortunly, which provide links to various statistics on the US small businesses.

NOTE: Most of the information provided is over 2 years because most research/surveys/census conducted on the US small businesses were done in 2016 and 2017, according to various reputable sources in the public domain.

Research proposal:

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