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Maybe it has always been a dream of yours to start your own business and work for yourself. With the unfavorable economic climate the last few years, it might seem that now is not the right time to make such an important and life changing decision, but with a growing appreciation for small and independent businesses and the availability of small business funding options, now is as good a time as any. With this guide, learn more about why you should look into small business funding and finally start your small business.
What is exactly is a small business?
A small business is defined as an independent business that employs 500 or fewer people, by the Office of Advocacy. Of all of the businesses in the United States, about 90% of them are small businesses, and they are in much better positions these days than they were just a few years ago.
What about finding small business funding?
The maximum loan size for small businesses is reported to be $1 million. Small business owners usually use about $10,000 for start up funds, according to a Wells Fargo Small Business Index study. Funding available for small businesses is also one the rise; small business loans rose by over 10% last year, according to the U.S. Small Business Administration.
Is it smart to start a small business?
The numbers in this case speak for themselves. Of all businesses in the U.S., 90% of them are classified as small businesses. Furthermore, this 90% of businesses account for more than 50% of all of the sales in the U.S.
Finally starting the business you always wanted to is made much easier these days with small business funding solutions. What are you waiting for?

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