Question
What's the average revenue for a small business?
Answer
Average revenue swings widely depending on whether a business has employees.
| Business type | Typical revenue |
|---|---|
| Employer firms | median around $1.1 million (U.S. Census) |
| Non-employer firms | about $50,000 in annual receipts |
- Industry, location, and business age all move these numbers
- Median is more telling than average here, since a few large firms skew the mean
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