I decided it was too limiting and that I had more potential.”Regan is part of a trend that has accelerated rapidly the past few years: the growth of million-dollar, one-person businesses and partnerships. And even in the best of times, million-dollar one-person businesses are the equivalent of the Olympic athletes of the microbusiness world. Here are the top 5 categories in which businesses hit $1 million to $2.49 million in annual revenue in 2018. Professional, scientific and technical services: 10,561 businesses at $1 million to $2.49 million, up from 9,745 in 2017. Construction: 4,905 businesses at $1 million to $2.49 million, up from 4,669 in 2017Finance: 3,330 businesses at $1 million to $2.49 million, up from 2,781 in 2017Real estate + rental and leasing: 3,180 businesses at $1 million to $2.49 million, up from 3,050 in 2017Retail (including ecommerce): 3,069 businesses at $1 million to $2.49 million, up from 2,976What makes million-dollar, one-person businesses different?
Source: Forbes May 25, 2020 22:52 UTC