What It Takes to Be a Small-Business Owner (Infographic)

What It Takes to Be a Small-Business Owner (Infographic)
Image credit: jmsilva59 | Foap
Former Staff Writer
1 min read

Being a small-business owner isn't easy, but an overwhelming majority of entrepreneurs wouldn’t have it any other way.

While small-business owners cite “having to wear so many hats” and “finding new customers” as their biggest concerns, according to the below infographic courtesy of online marketing company Constant Contact, a whopping 84 percent said that, if given the opportunity, they would start up all over again. The “ability to pursue their passion” and the freedom that an entrepreneurial lifestyle allows are their biggest motivators, they said.

And that’s a good thing, because small business continues to contribute to the global economy in huge ways. Roughly half of all U.S. jobs are provided by companies of less than 500 employees, and 54 percent of U.S. sales happen at small businesses. Additionally, small businesses donate 250 percent more than larger corporations to nonprofits and other charities.

For additional stats, check out the infographic below.

Click to Enlarge+

What It Takes to Be a Small-Business Owner (Infographic)

Related: What Inspires Entrepreneurs to Work as Hard as They Do

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur