Is it easier to climb Mount Everest than to start a small business in America today?
More than 65 percent of Americans think so, according to a recent survey. Yet 70 percent also believe small businesses are more likely to turn around the economy than the federal government, reveals the survey by Wakefield Research conducted on behalf of e-commerce platform Alibaba.com. “Historically, recessions have proven very fruitful times to start a small business,” says David Wei, chief executive officer of Alibaba.com. “As the data show, Americans strongly believe in the power of small businesses to positively impact the economy. However, misconceptions and lack of understanding about the global marketplace may be holding some would-be entrepreneurs back from starting their own small businesses.” Experts say that anyone, including recent college graduates, can still start a small business in the U.S. All it takes is some knowledge and support. Wei offers some advice for starting a small business or helping an existing small business achieve success in global trade: While more th
