AMERICA

31%
have just one employee (the owner)

SMALL BUSINESSES
MEET THE AMERICAN SMALL BUSINESS

RUNS ON

86%
AMERICAN
SMALL BUSINESS

have just a single location

30%

are woman-owned

is the median number of employees

$182,700
M EDIAN A N N UA L R E VEN U E

13%

are minority-owned

SMALL BUSINESS NET JOB GROWTH OVER 30 YEARS

Without new businesses, there would have been no net job growth in the United States over the past three decadesboth on average and in nearly any given year.

5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 -1,000,000 -2,000,000 -3,000,000 -4,000,000 -5,000,000

STARTUPS EXISTING FIRMS

1985

1987

1981

1983

1989

1993

1977

1979

2003
34K

1991

1995

2001

1997

1999

SMALL BUT MIGHTY

In 2010, businesses with fewer than 500 employees outnumbered firms with over 500 by 1,500 times!

27.9 MILLION
SMALL BUSINESSES

18,500
FIRMS

AMERICANS THRIVE IN SMALL BUSINESSES

In 2013, the smallest of the small businesses, those with 1-19 employees, have consistently contributed to higher job creation.

58K

57K

47K 29K

44K 30K

JAN

FEB

MAR

APR

= SMALL BUSINESSES with 1-19 EMPLOYEES = SMALL BUSINESSES with 20-49 EMPLOYEES

OWNING A BUSINESS IS PART OF THE AMERICAN DREAM

Small businesses have been helping the U.S. economy grow for decades, and even the smallest of businesses shows a big impact. Its what makes America the land of opportunity!

WHAT IF

SMALL BUSINESSES DISAPPEARED? ?

Think small businesses dont have a big impact? The top ten economic benefits of small business show why theyre "the heart of the American economy.

TOP

10

REASONS TO LOVE SMALL BUSINESSES

1 64% HALF 2 3 4 52% 5

Small businesses create
OF THE NET

NEW JOBS

IN OUR ECONOMY.

Five years after start-up, OF ALL SMALL

with employees remain open.

BUSINESSES

Small businesses with

AT A
RATE OF

EMPLOYEES START-UP

OVER 600,000/YR.

Small businesses make up

33% of ALL EXPORT VALUE.

HOME-BASED BUSINESSES
account for

98% of EXPORTERS &

OF ALL SMALL BUSINESSES.

6 7 8 9 MORE THAN 99.7% 10

ABOUT 50%
Small patenting firms produce

Small businesses employ

OF ALL PRIVATE SECTOR WORKERS.

The U.S. has SMALL BUSINESSES, WHICH

A R E L O C A T E D I N V I R T U A L LY

27.9 MILLION

EVERY NEIGHBORHOOD.

16.5 TIMES MORE

PATENTS PER EMPLOYEE
than large patenting firms.

Small businesses create

of the nonfarm private

g ro ss d o m e st i c p ro d u c t (G D P ) .

MORE THAN 50%

Small businesses make up

of all business employers.

Sources:
http://www.networksolutions.com/smallbusiness/sbsi-wave-iii/the-small-business-owners-and-their-businesses/ http://www.kauffman.org/uploadedFiles/firm_formation_importance_of_startups.pdf http://www.sba.gov/sites/default/files/FAQ_Sept_2012.pdf http://www.adpemploymentreport.com/ http://www.sba.gov/sites/default/files/Startup Rates.pdf http://www.trade.gov/mas/ian/smeoutlook/index.asp http://www.census.gov/newsroom/releases/archives/business_ownership/cb11-110.html http://www.census.gov/econ/smallbus.html http://www.sba.gov/sites/default/files/sbfaq.pdf http://www.census.gov/econ/susb/

2005
17K