Show Business Sprouting In Davis County Special to o the Clipper New businesses are being born constantly in Davis County as local residents with an urge to lo be on their own embark on new ventures The story is told in a cooperative cooperative cooperative cooper cooper- report just released by the Department of Commerce and by the Department of Health Education and Welfare It II is based on tax lax reports submitted by employers under the Old Age and Survivors Insurance program program pro pro- gram for 1959 While the mortality among new businesses is is high with wilh many of them falling by the wayside within five years a fair proportion of them do survive sur sur- vive this difficult period and go on or to prosper By virtue of oC this net increase locally Davis County has a total total to- to tal lal of oC business enterprises non non farm farm in which there are one or more employees It represents a increase increase increase in in- crease over the firms that thai were recorded three years before before before be be- fore when a similar study was made by the two Federal agen agen- cies The gain per cent compares compares compares com com- pares favorably with that thai in the United States Stales as a whole 59 per cent and with wilh the Mountain Moun Moun- tain taro States States' per cent The report shows that small business is well established in Davis County It lists firms representing 93 per cent of oC the total with fewer than 20 employees employees employees em em- each They make up the bulk of or the business A breakdown reveals that there are establishments that employ from one to three people each eachl that have from four to lo seven on the payroll and 91 of them with eight to lo 19 em em- The rema remaining ing firms are larger ones Davis County's business establishments establishments establishments es es- es- es provide gainful employment employment em em- for residents the figures show At t the time lime of oC the previous tabulation they employed people According to the Office of oC Business Economics there were new businesses formed in the United States Slates during 1960 Offsetting this were that were discontinued The Thenet Thenet Thenet net gain brought to the number that thai were in operation at the beginning of this year It was one per cent more than in inthe inthe inthe the previous year |