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A well researched article with some really surprising facts about small businesses in America.

Excerpt from the article " Twenty One facts about small businesses that every entrepreneur, small business owner, investor in the U.S should know.

What is a Small Business ?
Small business (in U.S) is a business having fewer than 500 employees (1).

21 Surprising Facts

99.7%-Fact #1
Small businesses in the U.S represent 99.7% of all employer firms (1).

116 Each Hour-Fact #2
Each year over one million businesses start in U.S alone that excludes online start-ups (2). That means 116 each hour!

Six Days-Fact #3
It takes just six days to launch a small business in U.S (3).

50% Fail within First Five Years-Fact #4
Most of these new small businesses fail to survive, 7 out of 10 make it through first two years, 50% fails to make it through first five years (1). "