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Fifteen percent answered the open-ended option “other,” which included answers such as Libertarian candidate Jo Jorgensen and those who chose not to vote. Marketing and advertising is also something more business owners are struggling with, at 15% of owners citing it, a 7% increase. While only 8% of small business owners surveyed counted managing or providing benefits as a challenge of their last year, that is a 20%, increase from 2019. The number of women small business owners has been increasing year over year, but this year saw the greatest increase in the last few years, with 13% more female small business owners surveyed. Twenty percent of small businesses surveyed are solo enterprises, run only by the business owner without hiring any employees. In a rapidly changing environment, your customers are looking for updated information about your business like if your business is open, available products and services, contact and delivery information. Our support team is here to he...

Small businesses are also encouraged per public policy on taxation. For example, from January 1, 2020, Armenia introduced a special micro-entrepreneurship tax system with a non-taxable base of 24 million AMD. Accordingly, a micro-business will be exempted from taxes other than income tax which will not exceed 5,000 AMD per employee. Ready To Use Your Retirement Funds To Start Your Business? Whether you ’re a math whiz, piano master, or Shakespeare aficionado, there’s someone out there who needs a little help in your area of expertise and is willing to pay for it. Advertise your services through local schools, community colleges, community centers, and even social media to get the word out and build a customer base. Nariah Broadus has dedicated more than 20 years to helping people create better working environments and navigate change successfully as a career and leadership coach. Services A business plan is a written document that describes in detail how a new business is going ...