More than half of all small businesses today are micro businesses.

Name: More than half of all small businesses today are micro businesses.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

According to the Small Business Administration, as of 2018, 75.3% of all businesses in the United States were classified as "nonemployer firms," meaning they have no employees other than the owner. These businesses are often referred to as "micro businesses" or "solopreneurs." Therefore, more than half of all small businesses today are indeed micro businesses.

More Than Half of All Small Businesses Today Are Micro