2020 is going to be a great year for businesses everywhere. Biteris is launching a crowdfunding campaign to help unbanked businesses acheive new heights.
Banking regulations have halted global growth, entrepreneurialism, and success rates for far too long. The only thing that can stop investors at this point is lack of knowledge. Biteris aims to inform the world of it’s crowdfunding campaign to bring investors together with companies that have true potential and can produce a true source of supplemental revenue or return on investment for any avid investor.
Global trade is the new norm. We are no longer limited by geography, thanks to blockchain technology. It is truly up to us to succeed, since success is the only option at this point.
According to the SBA:
50% of small businesses survive five years or more.
In the US, there are 30.2 million small businesses.
The average amount for loans backed by SBA was $107,000 in 2018.
12.3 million is the number of women-owned businesses in the US.
Women of color own 47% of all women-owned businesses.
Minorities own 45% of small businesses.
Immigrants have founded 55% of the unicorn startups in the US.
61% of small businesses invest in social media marketing.
Nearly 50% of small businesses spend $10,000 or less on digital marketing each year.
73% of small business owners are male.
The fast answer for what percentage of small businesses fail, according to data from the Bureau of Labor Statistics:
About 20% fail in their first year, and about 50% of small businesses fail in their fifth year. But it’s also helpful to see this statistic in terms of how many American small businesses survive.
Biteris is here to help increase longevity and productivity and will continue offering traditional payment processing and banking services across the United States and throughout Canada.
Unconventional, alternative financing and funding solutions are what business owners truly need but have little access to resources.
Visit Biteris online or call +1-929-220-9300 to speak to a qualified representative, 24/7.
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