Tuesday, 25 March 2008
How small is small business?
 I read an interesting post from A Modern Goddess Online blog - there are over 1.88 million private sector, non-agricultural small and micro businesses in Australia. (Small business is defined by the ABS as employing less than 20 people and micro business as less than 5 people.) In the USA this number is 25.8 million and 4 million in the UK. Of that number men make up 2/3 of the business owners and 1/3 women (although this is on the rise). Can you see any business niche potentials here for your business? A business niche is something where there is a sufficiently large group of people with common interests or goals, who are willing to invest money in particular goods or services. How does your business currently serve small business or micro businesses? What can you do to improve your level of service to this business niche? Until next time Ingrid Cliff Heart Harmony Labels: small business ideas |
It is great to see th enumber of women business owners on the rise.