Small Business Owners Spend $100K in 1st Year

The American dream is to be your own boss, but just how much does that cost? 50% say they underestimated the costs associated with getting their dream business off the ground.

That’s why my team at Business.org dug into The Average Startup Costs for Small Businesses in 2022. We analyzed how online, storefront and mobile businesses differ—and which unexpected costs hurt their bottom line.

We found that business owners are spending an average of $100K to start their storefront business, while only spending $35,000 to start an online business. (and only 30% of business owners can qualify for a loan in their first year.)

Check out our full report here: https://www.business.org/finance/loans/the-cost-of-starting-a-business/

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will be held January 26th, 2023, Noon to 4 PM EST with Atlanta locals in person and rest of country virtual via Zoom.

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January 26th, 2023
The 13th Annual Hybrid Summit will be held on January 26th, 2023 Noon to 4 PM EST.

Virtual Women in Construction: Building Connections was held on December 14th, 2022, 1 PM to 2 PM EST via a Zoom. 2023 Virtual Women in Construction TBD.

2023 Virtual Men’s Round Tables

2023 Men’s Round Table #1 will be held Q1, 2023


2023 Virtual Women’s Round Tables

2023 Women’s Round Table #1 will be held Q2, 2023

News

Sam’s Club plans 30 new stores, 5 fulfillment centers

Walmart-owned warehouse retailer Sam’s Club is shifting back into growth mode with plans to add 30 new US stores and five fulfillment centers in the coming years. Growing demand among inflation-weary consumers has spurred Sam’s Club to plan the new locations after a pause of

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