Almost 22 Million ‘Personal Businesses’ in the U.S. 1

Steve King at Small Business Labs posted this morning that U.S. personal businesses grew by almost 1 million in 2007, to 21.7 million, according to the U.S. Census.

Of course that’s before the big economic crash, but still, that’s interesting to me. A personal business is a non-farm business with no employees. The growth in personal businesses fits right in with the research Steve and his company have been doing for Intuit, on the new artisan economy.

The individual experts, consultants, graphic artists, bookkeepers,  designers, programmers and bloggers, among others, are part of this trend. You might be, too.

  • http://egosoletrader.com Martin Lindeskog

    Tim,

    Interesting data. I will link to this post when I have my new site up an running. EgoSoleTrader.com will be focused on the sole trader (sole proprietorship in British English), solo entrepreneur, freelancer, etc. I want to give the individual business owner moral and practical support.

About the Author Tim Berry is the founder and chairman of Palo Alto Software and Bplans.com. Follow him on Twitter @Timberry. Follow Tim on Google+ Read more »

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