| Recurring Revenue Streams - How to Create Them |
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Podcast Series: Small Business Trends Radio Posted On: 2005-11-08 Length: 55:51 |
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I also want to thank our sponsor, Six Disciplines. You can visit Six Disciplines on the web at sixdisciplines.com/va. All right. Well let's get started on today's show. A regular feature we do is called Today's Trend. And so I'm going to take a minute and describe today's trend for you, affecting the small business market. And today's trend is "welcome to the service nation." At least once a month I get a question like this. Which industries in the United States have the most small businesses? Or the question might be how many small businesses are involved in service industries versus manufacturing? My answer, America is becoming the service nation. More and more of us are employed in service producing businesses. In fact, most people don't believe me at first when I tell them the numbers. So just how many people work in service industries? It's nearly 80%. Eighty percent of the 131 plus million non-farm workforce in the United States is employed in a service producing industry. That number has grown over the past five years...
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