In the heart of rural America, small businesses, which have served as the backbone of these communities, are evolving. Among them, microbusinesses – typically defined as those with less than 10 employees – are gaining ground and reshaping local economies, specifically in towns historically reliant on industries such as agriculture, manufacturing and mining.

The JPMorganChase Institute’s research, “The Rural Divide: Small Business Revenue Milestones in the U.S.,” reveals that the vast majority of businesses in rural counties are microbusinesses.

While rural areas are known for historically employing more in industries such as Agriculture, fishing and hunting, Manufacturing, and Mining, regional specialization in those industries has less of an influence on microbusinesses. These enterpris

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