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Small Business and Marriage Failure Crisis

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Los Angeles County Business Failure Statistics

  • There are 9.86 million people in ~3.3 million households.

  •  9.7% of the Los Angeles County population own/operate an enterprise (~957k)

  • ~902k registered small businesses in Los Angeles and 55k operating micro-enterprises.

  • 71%, or 679k small businesses DO NOT HAVE A SINGLE EMPLOYEE YET

  • 4.8% or 45,917 close operations every year – that’s 126 EVERY DAY!

 

 

Estimated Los Angeles County Failure Impact = 390,000 people

Imagine the stressful year before the failure, and then 2 years recovering afterward, that’s

  • 14.4% of the 957k enterprises (138k) are within 1 year of, or 2 years out of failure (CURRENTLY DISTRESSED)

  •  2.98 persons per household x 137,752 distressed enterprises =  410,500 people that are currently experiencing the failure of their enterprise TODAY IN LOS ANGELES!

  • Multiply the population by 3.75% (0.0375) to get the CURRENTLY DISTRESSED population

    Los Angeles County 9,862,049 x .0375 = 369,826

 

 

Los Angeles County (US Census Facts)

 

August 21 + 22

Los Angeles, CA

  • Save Your Small Business

  • Save Your Marriage

  • Reduce Stress and Fear

  • Stop Isolating

  • Get Connected

  • Turn Things Around

  • Survive The Economy

Guys… if you’re not here, your competition will be! 14 % of the businesses around you are in trouble, and if you’re not in that group, then your marriage is under attack. You can’t afford to lose your family, or your business… Be a leader and stop waiting until you ‘wish you would have’.
Ladies… if you’re sick and tired of feeling alone, carry the financial burden, weary and frustrated with what’s not happening in business or in your relationship, learn what’s missing and what to do about it, NOW!

 

 
Small Business Statistical Resources