Why More Entrepreneurs than ever before Will Open Small Businesses in 2014
January 16, 2014 by Lisa Fugere
Business owner Kim Wales, CEO of Wales Capital headquartered in New York is one of 67 entrepreneurs providing insight for 2014 Trends on Radius. Common misconception says that small businesses–which account for the majority of businesses in the U.S.–make bad customers. Their small budgets don’t warrant the energy required for sales, keeping track of them takes too much work, and their inability to compete with big competitors often forces them to close. However, in the face of obliteration by an economic downturn and inaccessible capital, small businesses in America have thrived into the 21st century. What’s changed, and how can we foster our ever growing small business economy?
See the slideshow.