Sunday, May 29, 2011

Beat This Tough Economy Become A Micro-Enterprise Owner

By Bruce Holmes


Roughly 87 percent of all business presently operating in the U.S. or about 24 million are micro-enterprises according to the Association for Enterprise Opportunity. In case you are wondering a Micro-Enterprise is a business that was started for less then $35,000 and employ's less than five people. A micro-enterprise is great for a lot of reasons here are just a few.

Micro-Enterprise businesses have low start-up costs. The investment cap to be considered a micro-enterprise is $35,000; the fact is the majority of such businesses are started for a whole lot less. A case in point is the Network Marketing industry, which is made up of micro-enterprises, the average cost to get started in Network Marketing business is $500 dollars.

Micro-Enterprise businesses operate with very little overhead costs. The truth is that most of these types of businesses have only one employee so there is no big payroll that has to be met. Plus most of these enterprises are operated, at least at the start, out of someone's house, so there is no rent that has to be paid each month. You don't notice micro-entrepreneurs because they are the cupcake maker, the childcare center, freelance writer or the network marketer.

Micro-Enterprise businesses can now take advantage of the Internet to connect with a large group of consumers. It is no longer necessary to limit your sales to those in your city. The Internet allows even the smallest business to look professional and to reach so many more consumers. The possibilities are limitless.

People in a micro-enterprise are fulfilling a dream of owning their own business, doing what they want. Taken as a whole they make up the biggest segment of business in the country. If you are a micro-enterprise owner you should feel good about it. You are the backbone of this country. You may think that you are just a tiny piece of the pie but when grouped with all the other owners, you comprise nearly the whole pie.

For those who have only thought about being in business for themselves, now is the time. Quit searching for that job and make the wise move. Become one of the thousands of micro-enterprise owners who are such a fundamental part of our economy as well as around the world. Don't wait for that perfect time to take the leap because it will never come. Take a little bit of money and tap into your talent and start building your future.




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