Small Business Continues to Grow
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Small Business Continues to Grow

 

Here are some quick facts about small business: 
 
The 23 million small businesses in the U.S. account for 54% of all sales.
 
Small businesses account for 55% of all jobs and 66% of all new net jobs since the 1970s.
 
There are over 600,000 franchised small businesses in the U.S. that account for 40% of all retail sales and employ 8 million people.
 
Since 1990, small businesses have added 8 million new jobs and big business eliminated 4 million jobs. 
 
The number of small businesses in the U.S. has increased 49% since 1982.
 
Source: http://www.sba.gov/content/small-business-trends
October 30, 2013
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