-
Active owners per business
start: 1.5
-
23% of new businesses begin
with an employee other than the owner.
-
33% start as part-time
ventures in first month.
-
$4,250 – Median investment
to start business.
-
$18,000 – average investment
to start business.
-
12% began with the active
involvement of a family member. Most often a spouse or sibling.
-
16% – Serial entrepreneurs
who have started three or more businesses.
-
85% – are starting a
business for the first time.
-
64.9% are male.
-
35% are female.
-
73% are under the age of 44.
-
10% are African American.
-
4.2% are Hispanic.
-
60.6% are married.
-
76% were employed 30 days
before launch.
-
50.4% are high school
graduates or have some college.
-
25% are college graduates
-
12.8% have Professional
Degrees
-
48.4% have household income
in excess of $60,000.
-
71.2% start as home based
-
10.8% – profitable in the
first month.
-
11.4% – profitable in second
month.
-
35.3% – profitable after the
second month.
-
45.3% – Raised startup
investment in one month.
-
28.2% – Raised investment in
three months.
-
16.9% – Raised investment in
four to 12 months.
