Money and being your own boss are top motivators for owning a business. Learn more in this America Counts story.





United States Census Bureau [ [link removed] ]





America Counts: Stories Behind the Numbers

An employee with open sign on the door of a retail business. [ [link removed] ]

Why Own a Business?

The United States has a storied legacy of business successes, from tycoons and titans of industry to Main Street “mom and pop” shops. What draws these people to business ownership and how do they succeed?

The top reasons cited by business owners, according to the 2023 U.S. Census Bureau’s Annual Business Survey (ABS): to make more money and be their own boss.

*Read More* [ [link removed] ]


Surveyed in 2022, many respondents were first-time owners, had purchased or launched their business since the turn of the 21st century and the majority used financing to meet their operating expenses.

The ABS surveys employer businesses (those with at least one paid employee). It uses their responses to produce data on the who, what, where, when and why of American businesses and their owners.

*Continue reading [ [link removed] ] *to learn more about our Annual Business Survey and people's motivations for owning a business. 






Stay Connected with the Census Bureau

Follow us on our social media channels, Facebook [ [link removed] ], Instagram [ [link removed] ], LinkedIn [ [link removed] ], Twitter/X [ [link removed] ], and YouTube [ [link removed] ], so you never miss an update.

Stay Connected With Us on Social Media [ [link removed] ]

*Follow Us* [ [link removed] ]






You May Be Interested In

Most U.S. Businesses Have Only One Owner

Employee talks on phone in retail store [ [link removed] ]

More than half of U.S. businesses had one owner from 2017 to 2021, and women-owned businesses were more likely than male-owned businesses to have a single owner.



*Learn More* [ [link removed] ]






About America Counts [ [link removed] ]

America Counts features stories on various topics including: 


* Families [ [link removed] ], Housing [ [link removed] ], Employment [ [link removed] ], Business and Economy [ [link removed] ]
* Education [ [link removed] ], [ [link removed] ] Health [ [link removed] ], Population [ [link removed] ], Income and Poverty [ [link removed] ]

*For the Media:* Contact our Public Information Office [ [link removed] ] for inquiries or interviews. 

Don't miss an America Counts story! Use the button below to sign up and update your preferences.

Subscribe [ [link removed] ] | Manage Subscriptions [ [link removed] ] | Unsubscribe [ [link removed] ] | Help [ [link removed] ]

*Share This * [ [link removed] ]







________________________________________________________________________

This is an official email from the U.S. Census Bureau. If you have any questions or comments, please contact us ([link removed] [ [link removed] ]).  
body .abe-column-block {min-height: 5px;} table.gd_combo_table img {margin-left:7px; margin-right:7px;} table.gd_combo_table div.govd_image_display img, table.gd_combo_table td.gd_combo_image_cell img {margin-left:0px; margin-right:0px;}