About 20 percent of small businesses are "microbusinesses", with fewer than five employees, typically operating out of the owner's home.

Question

Quizplus · Accepted Answer

The percentage of small businesses classified as "microbusinesses" is actually higher than 20 percent. According to various sources, including the U.S. Small Business Administration, a significant majority of small businesses have fewer than five employees, making them microbusinesses. This category includes a vast number of businesses operating out of the owner's home or other small-scale operations.

About 20 Percent of Small Businesses Are "Microbusinesses", with Fewer