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Barbara Weltman

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Power of Small Retailers

July 30, 2019 / By Barbara Weltman

According to SCORE, small retailers (50 or fewer employees) make up 98.6% of all retail firms. The average monthly revenue of small retailers, which varies by industry, is impressive. For example, those selling electronics average $26.4K per month, jewelers $30K per month, and those selling beer, wine, and spirits $39K per month. Small and medium-sized retailers have an average gross margin of 51%.

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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