According to U.S. Small Business Administration, there are approximately 25 million small business in United States. They account for 47% of all sales, 55% of innovations, and 35% of all federal contracts. And rate of small business bankruptcies are at lowest point in 19 years!
Taken together, SBA's research points toward one big conclusion: starting your small business today, including small home-based "micro-enterprises", is a great idea!
Assuming you are in United States, SBA, and its affiliated organizations SCORE (Service Corps of Retired Executives) and SBDCs (Small Business Development Centers), are perhaps most valuable sources of advice and education available to micro-entrepreneur.
After you've decided what your ideal small business will be, how do you find out what resources are available for you at SBA?
One of first steps is to call SBA (1-800-827-5722, 9am-7pm East Coast time) and request publication OPC-2, "Your Business and SBA". This publication is a summary of large array of services available to you from SBA.
Next, go to you local library, and ask reference librarian for a copy of SBA's "How to Start a Business in [your state]". It contains all state- specific details, such as licensing requirements, for every state.