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We were talking in our business group, Opportunity Knocks, about generational integration. It started me thinking about all the generations of people we interact with in our daily business activities. I thought I would focus on the "senior market" as I recognize myself clearly in this advice.
Post Bulletin - 06/30/2008 - Dave Conrad
Most business experts conform to a theory of "thirds." Of all new business startups, one-third eventually turn a profit, one-third break even, and one-third don't make it.
According to a study by the U.S. Small Business Association, that theory is more or less correct. Only two-thirds of all small business startups survive the first two years and less than half make it to four years. With small businesses representing 99.7 percent of all U.S. firms, they generated 60 percent to 80 percent of new jobs in the last decade, and employ half of the private sector jobs.
When Melanie Breeden set out to make an indelible mark on the business world, she found an invaluable ally in the Small Business Administration.
Since opening in 2003, Cherokee Painting LLC has performed beyond her dreams. The commercial industrial paint contractor has landed jobs including school districts, the local Job Corps and Tinker Air Force Base, with contracts ranging from $30,000 to $1 million.