Small businesses generally, and the smallest small businesses specifically, grow on borrowed capital. Because equity investors aren't typically interested in companies that don't have a high capacity for scalable growth, they typically aren't interested in the carpenters, dry cleaners, or restaurants that some categorize as micro businesses and I call Main Street businesses. Unfortunately, unless you understand the important role these smallest of the small play in the grand scheme of the U.S. e...
Small businesses generally, and the smallest small businesses specifically, grow on borrowed capital. Because equity investors aren't typically interested in companies that don't have a high capacity for scalable growth, they typically aren't interested in the carpenters, dry cleaners, or restaurants that some categorize as micro businesses and I call Main Street businesses. Unfortunately, unless you understand the important role these smallest of the small play in the grand scheme of the U.S. e...
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