New Twist To The ‘Mom And Pop’

August 7, 2006 by Rich | 0 Comments
In Business Structures, Ecommerce, Entrepreneurial Lifestyle, News

CNNMoney.com:

The notion of a typical “mom and pop” business is getting a makeover.

Yesterday’s image of a family-run corner store is giving way to nail salons, Internet-based auction sites and even motorcycle dealerships, according to the Census Bureau survey of small businesses run by one or more people that range from home-based firms to corner stores.

The nation added nearly a million businesses with no paid employees in 2004 to reach 19.5 million, up 4.7 percent from a year earlier, the Census Bureau said. The numbers reflect the latest available figures.

Building contractors, Internet service providers, nail salons, e-shopping and mail-order houses, lessors of real estate, formal wear and costume rental stores and motorcycle dealers were among the fastest growing of the smallest firms.

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