Nationwide, it’s difficult to estimate the number of young small business owners: The federal Small Business Administration does not keep statistics by age.But there are signs of growth. The Virginia-based Young Entrepreneurs’ Organization — a group founded in 1987 that requires $1 million in annual sales before it will admit a business owner — now counts 95 U.S. members younger than 30 in its ranks.
And a first-time survey done this year by the National Association for the Self-Employed found that about 15 percent of its members are in their 20s or early 30s.
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