owners Archives - Your ExitMap https://yourexitmap.com/tag/owners/ Free Exit Planning Tools for Business Owners Thu, 25 Apr 2024 14:57:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://yourexitmap.com/wp-content/uploads/2026/03/cropped-Site-Icon-YEM-2-32x32.png owners Archives - Your ExitMap https://yourexitmap.com/tag/owners/ 32 32 122889523 Owners are a Minority https://yourexitmap.com/owners-are-a-minority/ https://yourexitmap.com/owners-are-a-minority/#comments Thu, 25 Apr 2024 14:57:29 +0000 https://yourexitmap.com/?p=8898 When it comes to careers, business owners are a minority of the population. In conversations this week, I mentioned the statistics several times, and each owner I was discussing it with was surprised that they had so few peers. According to the Small Business Administration (SBA), there are over 33,000,000 businesses in the US. Let’s discount those with zero employees. Many are shell companies or real estate holding entities. Also, those with fewer than 5 employees, true “Mom and Pop” businesses, are hard to distinguish from a job. The North American Industry Classification System (NAICS) Association, lists businesses with 5 to 99 employees at about ... Read more

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