Serving the Quad Cities Since 1868

1617 2nd Avenue • Rock Island, IL 61201-8625 • 309-794-9700

Connect

Do you dream of running your own business?

Category: Commercial Insurance

Small Business Statistics

  • 34% of new businesses survive more than a decade (just 26% make it to 15 years).
  • $80,000 The average annual capital needed by a startup.
  • 10% of startup companies don’t need any outside financing.
  • 49.3% of all U.S. workers are employed by small businesses.
  • 7.8 million The number of U.S. companies owned by women, 29% of the total.
  • 11.7% of small-business loans were approved by large banks last year; small banks approved 47.5%.



Return to Blog Home