Inc. Magazine contained a recent article on current business trends. Interestingly, the small business sector with the largest increase in revenue from 2009 to 2010 was fitness and sports centers, up 14 percent.
The sector with the largest decrease in revenue for the same period was car washes, down 12 percent.
The increase in the sales of trucks and cargo vans—considered a useful indicator of small business activity—in the fourth quarter of 2010, compared with a year earlier was up 24 percent.
The state with the lowest overall tax burden for small business was South Dakota. The highest: New Jersey.
William Bruce is a business broker and appraiser assisting buyers and sellers of privately held businesses. He may be reached at (251) 990-5910 or by email at WilliamBruce@bellsouth.net.
