How small is small business?
March 25th, 2008 by Ingrid Cliff
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
This entry was posted on Tuesday, March 25th, 2008 at 9:53 am and is filed under Small Business Success. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
March 29th, 2008 at 8:44 am
It is great to see th enumber of women business owners on the rise.