Despite being a key income source for their owners, nonemployer firms face acute profitability and financing challenges.
Small businesses reported stronger revenue and employment growth and continued levels of credit demand, with more firms applying to online lenders for financing.
Nonemployer firms make up 81% of all U.S. small businesses, generating $1.2 trillion in annual sales. But are they succeeding financially?
Latino-owned small businesses contribute more than $700 billion in sales to the economy annually. How are they faring financially?
As the rate of veteran entrepreneurship drops, 60% of veteran-owned businesses reported financing shortfalls.
Seventy-seven percent of Puerto Rico small businesses reported having incurred a loss directly from hurricanes Irma and Maria.