The complete Millennial Small Business Owner Study survey results
In a study conducted by the research firm GfK, comparisons were drawn between millennial small business owners and those from earlier generations. Responses from the millennial respondents may surprise you:
80% plan to grow their business, passing it down to future generations
58% of their businesses are in the growth phase
63% see debt as a necessary part of business growth
76% will pay more for financial products and services to help them better run their business
43% report taking on personal debt in order to maintain their business
Click the Download button below for a look at the full Wells Fargo Millennial Small Business Owner Study.