Most Small Businesses are Started with Less than $10,000
Small Business Labs
OCTOBER 14, 2014
Intuit recently did a survey of small business owners. A key finding was 64% of small business owners surveyed said they started their business with less than $10,000 in invested capital. Equally interesting is that only 13% said they spent more than $50,000 starting their business. Our surveys of independent workers who work on their own as freelancers, independent contractors, etc. consistently show most of these solopreneurs spend even less.