Home Advertise Contact Blog Advertiser Login RSS
Newsletter Signup

Your Free Business Opportunity Resource Is Easy To Use
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News

Sales Success Inspiration - Hello my friends and welcome to another installment of The Special Sauce Series on Sales.

Sales Success Inspiration is the name of the game today.  We left off with the last post "

No Sales! The Leads Suck! After ten years in the industry I have heard this more than once. In fact, I hear this so often that a series of educational blog posts are needed to educate sellers on how to close more deals - period.

No sales! Now, first I preface this entire post with one thought...

She Means Business: Turn Your Ideas into Reality and Become a Wildly Successful Entrepreneur Is our Book-of-the-Month.

Carrie Green began her entrepreneurial life at the tender age of 20, starting a company that would go global in just a few years. She has turned her experience...

Sponsors

STARSCAPES®
Imagine making up to $500 to $1,800 a day! Call or click now see how you can get your business for FREE! (602) 679-0257
FundAbility
Need Funding? Need To Offer Financing To Close More Deals? We Have Access 7,000+ Credit Providers. Learn more now...
How Many Leads Does It Take To Close A Sale?
This Article is now live on our blog and I know could be very insightful for many. Read On
Top 7 Reasons to Consider a CMS
The internet loves obscure abbreviations. You can skip over most of them, but not CMS. What is CMS? read on...
Productivity Hacks — Our Top 50
Productivity Hacks will help you make more from less this 2016. Here at BusinessOpportunity.com we want to... Read On
The Ideal Length of Everything Online, Including Social Media Posts
When one of your busiest marketing channels limits you to 140 characters, you know that the internet sets its own rules.
How Many Leads Does It Take To Close A Sale?
This Featured Article is live on our blog and I know could be very insightful for connectivity and ROI.
It Takes a Hot Voicemail to Land a Warm Lead
If you're a successful entrepreneur who provides others like you the chance to follow in your footsteps... Read On
Business Franchise Opportunities Funding
The principle reason entrepreneurs put off starting their own business is lack of funding... Read On
Top 50 Home-Based Business Ideas
Home-Based Business ownership can be the most rewarding endeavor you will ever undertake. The new year... Read On
Low Cost Business Opportunities to Own
Are your right for a Low Cost Business Opportunities to Own? The desire to own your own business... Read On
The Top 10 Reasons to Buy a Business Opportunity or Franchise
Starting your own small business is part of the American Dream, right up there with owning your own home. Read On
Why Advertise Your Business Opportunity?
Over the years we have been fortunate enough to receive quite a few testimonials. In fact, ... read on
7 Keys to Leading Highly Effective Sales Conversations
Most people's sales conversations could be better. Not a little better, significantly better. Read On
 
Resource Center > Article
Taking A Closer Look at Today’s Micro-Business Owners...
16 Oct 12 Posted by: Kathleen C Lanza
in In The News
Share this Article:

There’s been a lot of talk as of late about small businesses, what they need and what they contribute to our nation’s overall economic well-being, but what about the smallest of the small businesses in society, the so-called “micro-businesses?” What, if anything, do we know about them?

Well, first of all, we know the term “micro-business” describes many business opportunity, distributorship, licensee opportunity and small franchise owners. These smaller shops are oftentimes home-based and employ ten or fewer employees, including those that are run by just one person—namely, the owner.

We also know that this subset of so-called “small businesses” is largely misunderstood. Why? It’s largely because micro-businesses are more often than not lumped into the all-encompassing Small Business category, which is actually huge and very diverse, including businesses with as many as 1,500 employees and profits well into the millions, depending on the industry.

Moreover, there’s a very real misconception that businesses with only one or a few employees are part-time ventures and that their owners only run them halfheartedly out of the garage. These businesses are really nothing more than a hobby in the minds of many.

According to a new scientific opinion poll of 470 micro-business owners, nothing could be further from the truth. Conducted by Greenberg Quinlan Rosner Research for the Association for Enterprise Opportunity, the National Association for the Self-Employed and Small Business Majority, the survey clearly shows the tremendous impact that these smallest of the small businesses in our country have on the overall economy, and all for the better.

For starters, more than half of the micro-business owners who provided feedback reported increased sales or revenues over the last two years, and another 50% said they plan to hire in the next two. Nearly three-quarters said their micro-business is their sole source of income, and a full 57% have been in business for ten years or longer.

Despite the fact that the overall economic recovery has been slow, half of those surveyed said their business is doing well, with only 10% saying otherwise. And more than half of them reported employing a contractor or 1099 employee in the past year, while nearly a third hired a full-time employee. Furthermore, more than six in ten spent $50,000 on payroll this year alone, and 54% spend more than $10,000 a year on non-payroll expenses.

And while they acknowledge that gaining access to credit remains a serious challenge, most micro-business owners say they are optimistic about the future. In fact, nearly 70% of those surveyed believe their business will fare well over the next couple of years. Zooming in on respondents under the age of 40 in particular, that number rises to more than 80%.

Part-time garage-bound hobbyists who only tinker? Not so much… Small in stature, but with a whole lot to contribute now and well into the future is more like it. And we could use a whole lot more just like them to be sure.

If you're an aspiring micro-business owner, BusinessOpportunity.com is a great place to find the business opportunity, distributorship, licensee opportunity or franchise that's right for you.  And, if you'd like to learn more about the survey's findings, simply click here on Current Micro-Business Poll Results now!

 

Related Blog Posts
15 Sep 16 Posted by: Kevin James Culp
in In The News

Expanding Opportunity Services - It has always been our mission to provide the best customer service possible and have recently added no cost training and coaching sessions for all active advertisers. Now, we are going a step further to address the one major problem faced by opportunity owners–lack...

14 Sep 16 Posted by: Joseph Petrashek
in In The News

Virtual Reality (VR) is a buzzword that has been a focal point in many industry events and news articles in 2016. It has been hailed as the most revolutionary innovation after the Internet.

Virtual Reality - Whenever VR is mentioned, the notion of video games flushes in many peoples’ minds....
29 Jun 15 Posted by: admin
in In The News

CruiseOne® Participates in #GiveThem20 Challenge to Raise Awareness for Military Veteran Employment

Home-based travel...

27 Apr 15 Posted by: Kevin James Culp
in In The News
Even in the age of the Internet, the telephone remains one of your most important business communications tools. Fortunately, there are many options available in the telecommunications market. Finding affordable and feature-rich phone service for your business is simple – if you know where to look. Start...
16 Apr 15 Posted by: Kevin James Culp
in In The News
Get Your Digital Feed On - Business Opportunity Magazine Is A Success! Chicago, IL — The latest issue of our digital magazine titled Business Opportunity will educate, inform and moreover be a conduit between shoppers and buyers of opportunities in a visual...
 
   

SocialXpand Business Opportunity Interview w/ Brian Weiss was for me a new way to learn from a customer and whom I consider a friend in the industry.

I've had the opportunity to work for a while now with Brian Weiss who is the Director of Sales for the
Video Spotlight
You're invited to view a Bartercard Online Franchise Presentation.

Premium Sponsor