New Orleans Bankruptcy Attorney Tag

01 Dec Can I File A Chapter 7 Bankruptcy For My Small Business Only?

The Small Business Entrepreneur: He employes half of all private sector employees, pays 44 percent of total U.S. private payroll, and has generated 65 percent of net new jobs over the past 17 years. The Small Business Administrationestimates that in the year 2009 552,600 new small businesses opened for businessand 660,900 closed, resulting inan annual turnover of about 10 percent. For small businesses that were owner operated with no additional employees,the turnover rates three times as high as for those with employees.
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