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Raising work venture towns7/6/2023 ![]() There are plenty of unique business ideas to consider for your small-town venture, but your first priority is to align them with your needs. Coming Up with Good Business Ideas for a Small Town If you want to launch one - now is the time. The average small-business owner can expect to make, on average, a little over $71,000 per year.įurthermore, 2022 promises to be a hopeful year for small towns and their businesses, as we seem to be at the start of “a positive cycle of greater economic vibrancy in small towns and rural America, leading to more people wanting to move and start businesses in small towns.” In short, if you are looking for business ideas, small-town startups have become a standout choice.Prior to the pandemic, statistics showed that over half of all small local businesses could launch without financial borrowing.84% of small business owners feel optimistic about the future of their companies.91% of consumers prefer to use a small local business whenever it’s convenient to do so.Small businesses account for 99.9% of all firms in the US, with the majority being nonemployer firms - i.e., companies run by one person, without a payroll.Statistics back up the anecdotal advantages: Many entrepreneurs who take this path also enjoy a better work-life balance. Instead, small-town startups allow you to tap into a concentrated local audience, keeping your shipping expenses down, while capitalizing on your knowledge of their pain points to generate greater conversions. However, small-town communities can be a breeding ground for profitable businesses that don’t need a worldwide reach to thrive. The growth of eCommerce opportunities has opened the door for SMEs to target a global audience. ![]() Why Focus on Business Ideas for a Small Town? With 30 fantastic options for small-town startups included, the guide should provide something for everyone. You needn’t focus on big ventures to earn big bucks: The SME sector is currently thriving, and this guide to small-town business ideas will show how you can build your success story. ![]()
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