Small Business Owners are Wealthier

A report from the Small Business Administration on small business-owning households shows:

“households owning small businesses were more likely to be found in the top echelons of income and wealth than those that did not own a business in the 1990’s.”

Also:

“in 2001 small business-owning households were more than twice as likely as non-business owning households (57.1 percent to 25.5 percent) to be high income, and over eight times more likely (21.2 percent to 2.5 percent) to be high wealth households.”

Seems like a great reason to start a business today. 🙂

To obtain a full copy of the report, click here (PDF Format).

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