The Mom and Pop Businesses Is Alive and Well
Big box stores and online shopping have been a threat to the classic mom and pop business. And yet, this hometown style of business is still thriving.
According to a new report from the U.S. Census Bureau, there were nearly 28 million business firms in the U.S. as of 2012 – but only 5.4 million of them had paid employees.
In that group, over 2.7 million– about half– were enterprises having four or fewer employees.
Almost 10 million of America’s business enterprises are women-owned.
Growth in Big Box and E-Commerce retailing have certainly put pressure on the small business community. However, the small-business community has responded to this pressure by innovating, and stepping up its collective game.
These days, Main Street is full of small businesses that offer a mix of craft and service that you just don’t find in a huge store. They offer the personal touch that you certainly can’t find online.
Some “mom and pop” businesses offer unique, higher quality goods as a calling card, while others have figured out how to deliver quality goods and services at even lower prices than can be found in Big Retail.
This is a good thing, as it shows American entrepreneurship at its finest.
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