According to the Washington Times, more millennials are interested in becoming small business owners. Previously, a majority of millennials were interested in more traditional jobs like doctor, lawyer or teacher, but recently there is a surge in interest in owning a small business from that age group.
Small businesses are getting discouraged, reports Market Watch. The National Federation of Independent Business monthly sentiment gauge dropped 0.2 points to 104.5. Owners are discouraged by congress's lack of action on healthcare and tax reform.
According to the Daily News, New York’s women owned small businesses are growing, but there is still a gender gap. The average yearly revenue for a women owned business is $265,373, while men owned businesses see an average of half a million dollars.