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What are my chances of success for starting a business in a rural community?
Small businesses have played a vital role in supporting rural communities. They have added to the economy 5.1 million new jobs since August 2003.
Survival factors for rural business enterprises include having an ample supply of capital, whether the business is large enough to have employees, the owner's education level, and the reason for creating the business in the first place, i.e., wanting to be one's own boss or having a product or service that is unique.
To learn about starting and evaluating a rural business opportunity, go to the USDA article at this Web site: Evaluating a Rural Enterprise.
For more information on starting a small business, check out the Small Business Administration website at http://www.sba.gov/smallbusinessplanner/index.html.
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