What’s a micro business?

Micro business differ from small businesses in several ways. Their unique descriptors are:

  • Simple and fast to start up and to close down if you need to.
  • No employees. Only one worker, the owner.
  • Sole proprietorship (only one owner, no partners).
  • Little start up money needed or completely debt free.
  • Usually home based.
  • Low risk.  You’re not in this to lose money.
  • Manageable.  You can still have a life, be in sports, youth group, and finish your homework.
  • Learn a lot while earning cash.

Notice I didn’t say anything about micro profits! You can earn a lot of cash with a micro business.

Hop on over to my Micro Business For Teens website (even if you’re not a teenager) to learn more!

Carol Topp, CPA