With Your Small Business A$$
Manage episode 406177210 series 3461774
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Small businesses face many disadvantages as compared with large businesses. As being a small business, we even see the different levels that fall under what being a small business really means. We have dome to find out there are two metrics used to reference small business sizes. The number of employees and average annual revenue. Speaking in general, the Small Business Association (SBA) defines a small business as an independent business with fewer than 500 employees. Now that average annual income metric for small businesses can vary by industry. That is some fenagling for your ass right there. You will come to find out most small businesses have 50 employees all the way down to 1 on average. Watch4TheHook has 2. lol
We have realized that other small businesses may have more employees, more revenue, and all that etc. That still doesn't mean we should not be in business. It just means we have to be more resourceful, more strategic, more financially savvy to how we run our business. Has that always worked out in our favor, no but that is the acceptable risks we have chosen to accept as business owners. Honestly it gives us some swag with our small business asses. lol Tune in and hear exactly our attitudes towards being small business owners.
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133 episode