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A recent report, published in November 2014 by Intuit (www.intuit.com), in partnership with Decipher Market Research, based on a survey of 500 small business owners that was designed to uncover common challenges that small businesses in the U.S. face as they start and grow, noted that a large percentage of small business owners struggle with financial literacy. The survey consisted of 34 percent of respondents who were one-person operations, 52 percent who had two to 10 employees, and 14 percent who had 11 to 50 employees.

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