More than half of small businesses owners (52%) say the top reward of owning a company is having the freedom to control your own destiny, according to a recent report from Manta.

Other benefits frequently cited by small business owners include not having a boss (23%) and increased self-confidence (7%). Only 4% of small business owners surveyed say money is the top reward.

Nearly three-quarters of respondents (72%) say owning their own company gives them more freedom, though 21% say they now have more responsibility and less independence as a small business owner.

Below, additional key findings from the report, which was based on data from a survey of 1,105 small business owners in the United States.

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ABOUT THE AUTHOR
image of Ayaz Nanji

Ayaz Nanji is an independent digital strategist and a co-founder of ICW Content, a marketing agency specializing in content creation for brands and businesses. He is also a research writer for MarketingProfs. He has worked for Google/YouTube, the Travel Channel, AOL, and the New York Times.

LinkedIn: Ayaz Nanji

Twitter: @ayaznanji