Size Break Down Of Businesses
Here is a common and much-used breakdown by the federal governments
Small Business Administration (SBA):
Very Small Business 19 or fewer employees
Small Business 20 to 99 employees
Medium-Size Business 100 to 499 employees
Large Business 500+ employees
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Why Do People Go Into Business?
41% joined family business
36% wanted more control over future
27% tired of working for someone else
5% downsized or laid off
*Source: Dun & Bradstreet 19th Annual Small Business Survey May 2000. Totals add up to more than 100% because respondents could choose more than one reason for going into business for themselves. This was in the May 2001 issue of INC magazine.
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How Many Businesses Are There:
4,467,900 represent 80.5% of the total and have sales under $1 million
790,600 represent 14.3% of the total and have sales of $1-5 million
265,600 represent 4.8% of the total and have sales of $5-100 million
23,311 represent 0.4% of the total and have sales of $100 million +
Total Businesses =5,547,400
*Courtesy: BizStats
Here's A Breakdown By Type of Business:
Services - 40% (87.8% Of Those Have Revenues Under A Million)
Retail - 19.8% (80.3% Of Those Have Revenues Under A Million)
Wholesale - 7.5% (50.7% Of Those Have Revenues Under A Million)
Manufacturing - 6.0% (61% Of Those Have Revenues Under A Million)
Construction - 12% (81% Of Those Have Revenues Under A Million)
Finance, Insurance & Real Estate - 8.3% (83% Of Those Have Revenues Under A Million)
Transportation/Utilities - 3.9% (81.3% Of Those Have Revenues Under A Million)
Agriculture & Mining - 2.4% (89.8% Of Those Have Revenues Under A Million)
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How Many Businesses Sell?
General Business Brokerage
Number of Businesses - 4,400,000
Number for
Number That Sell - 160,000 (1 Out Of 5)
The Larger Business Brokerage
Number of Businesses...550,000
Number for
Number That Sell...43,000(1 Out Of 4)
The Mid-Size Company
Number of Businesses...550,000
Number for
Number That Sell...49,000 (1 Out Of 3.5)
The Large Company
Number of Businesses...54,000
Number for
Number That Sell...2,500 (1 Out Of 3)
Note: All figures are rounded and totals may and may be slightly more or less than 100 percent. They are estimates only. The term sell refers to an actual sale, merger, or any major change in ownership.
Copyright 2002 BBP |
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