Infographic: What Do Small Businesses Mean to You?
Quick, can you name five small businesses in your neighborhood?
Quick, can you name five small businesses in your neighborhood? If you’re like most Americans, you can probably think of even more than five. After all, small businesses represent 99.7 percent of all employer firms in America – that’s nearly 6 million companies. Small businesses (defined by the Small Business Association as companies with less than 500 employees) employ about half of all private sector workers. But aside from employing millions of Americans, studies show that many of us also think highly of these types of businesses and even have an emotional connection with them. Here’s what Americans have to say when it comes to small businesses.