Benefits and opportunities of small business ownership - : small businessbusiness termsbusiness modelsbusiness occupationsentrepreneurshipmanagement occupationshidden categories: cs1 errors: external linksuse dmy dates from january 2015use british english from january 2015articles needing additional references from december 2008all articles needing additional referencesarticles that may contain original research from january 2009all articles that may contain original researcharticles with limited geographic scope from may 2015western culture-centricall articles with unsourced statementsarticles with unsourced statements from january 2012articles with unsourced statements from may 2015. " also, it has been found that small businesses created the most new jobs in communities, "in 1979, david birch published the first empirical evidence that small firms (fewer than 100 employees) created the most new jobs", and edmiston claimed that "perhaps the greatest generator of interest in entrepreneurship and small business is the widely held belief that small businesses in the united states create most new jobs. It is an assumption that small business are just franchisees, but the truth is many franchisers are also small businesses, although considered to be a successful way of doing business, literature has proved that there is a high failure rate in franchising as well, especially in uk, where research indicates that out of 1658 franchising companies operating in 1984, only 601 remained in 1998, a mere 36%.  regarding small business, the top job provider is those with fewer than ten employees, and those with ten or more but fewer than twenty employees comes in as the second, and those with twenty or more but fewer than one hundred employees comes in as the third (interpolation of data from the following references).
Pros and cons of being a small business owner. Learn the pros and cons associated with being a small business owner.