4 myths about small businesses in america
TRANSCRIPT
4 MYTHS ABOUT SMALL BUSINESSES IN AMERICA
YAZAN KHERALLAHFROM
CNBC, 4 MYTHS ABOUT SMALL-BUSINESS AMERICACHRIS MORRIS
MYTH # 1: MOM-AND-POP SHOPS ARE DYING
Truth: Small-business confidence isn't at an all-time high, but recent surveys of small-business owners suggest the situation is far from dire
MYTH # 2: WAL-MART IS THE BIG BAD WOLFING
Truth: It's actually more likely to be Amazon these days.
MYTH # 3: THE 'BUY LOCAL' TREND IS REVITALIZING MAIN STREET
Truth: Great for farmers and restaurants, but not doing much for everybody else.
MYTH # 4: MOM-AND-POPS DO BETTER IN SMALL TOWNS
Truth: Urban mom-and-pops are seeing a bigger revival than Main Street businesses.
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