FDIC-Insured – Backed by the full faith and credit of the U.S. GovernmentThe Independence of Running Your Own Business
| Posted in Bank Blogs
July is the time to celebrate Independence Day. But if you join the 33+ million small business owners in the United States, every day could be a day of independence. Sure, having your own business is a huge commitment and takes hard work, but it does come with some incredible freedoms, including:
- The freedom to write your paycheck and earn more money as your business grows.
- The freedom to decide your work schedule.
- The freedom to achieve your creative vision.
- The freedom to choose your work location and set up a workplace that meets your needs.
- The freedom to make your own decisions.
- The freedom to choose who you want to work with.
- The freedom to develop new skills and pursue your interests.
- The freedom to build an asset that can be passed along to future generations.
The difference a small business can make
We should all celebrate small businesses, which are vital to the economic health and well-being of our communities. Consider these facts according to Small Business Administration (data):
- Small businesses make up 99.9% of the companies in America.
- They employ 61.7 million Americans, accounting for 46.4% of private sector employees.
- From 1995 to 2021, they created some 17.3 million net new jobs.
Ready to create your own business?
That’s cause for celebration. To learn more about how to get started and find opportunities available, check out these helpful resources from SCORE.