Home Based Business Development Jobs
September 16th, 2008 | 
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Question: Obama says he will hike taxes on income over $250,000, won't that kill small business?
Small business revenue:
The average annual revenue of a small business is $3.6 million
The average annual revenue of a small business with a website is $5.03 million
Source: IDC, "Web Site Development in U.S. Small Businesses" 2004
Number of Businesses
Large businesses of 1000+ employees: 8,000
Midsize businesses of 100 to 999 employees: 93,000
Small businesses of less than 100 employees: 8.1 million
Small businesses ...
represent more than 99% of all employers
provide 60% to 80% of the net new jobs annually
are 53% home-based and 3% franchises
account for 97% of all U.S. exporters of goods
Small businesses account for:
52.6% of all retail sales
46.8% of all wholesale sales
24.8% of all manufacturing sales
http://smbtn.com/smallbusinessfacts/#bexpe
Obama seems to be out of touch with the $ figures in regards to small businesses in America.
Answer: The amount of small businesses making $250,000 or more are no more than 10 percent. I talked to a small business owner today who owns 2 businesses...he stated that the total profit from both doesn't amount to $250,000. He's voting for obama.
NewBusinessMethods1
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