I am interested in starting a small business
Goog for you. What have you learned so far about starting a small business?
that they are privately owned, and typically have fewer employees than a regular sized business or corporation
I guess that is to keep costs down I would imagine. Do you know how to start one?
small businesses are usually able to apply for government support and preferential tax policies
Starting a small business sounds complicated. Must take a disciplined person to run one. 
it really starts with the income inequality as it is much different when starting on a smaller scale compared to a large business
Interesting. I have some ideas. I wonder if I can turn them into a small business?