Small business remains the largest business in the US:

Small business remains the largest business in the US:

Bottom Line: Small businesses will likely gain additional attention this week because one of those manufactured weeks is upon us ("small business week" - brought to you by people with a vested financial interest). That being said if there's a contrived effort to promote small businesses - I'm inclined to oblige. Here are the latest numbers that tell the story (that small business is still the majority of business in the US (as impossible as that seems at times in a world of Amazon's - quite literally):

Here are a few nuggets of updated info from NerdWallet:

► Their incredible economic impact (there are 28 million small businesses in the U.S. versus 17,000 companies with more than 500 employees)

► The number of jobs they create  (about half of private sector employment),

► Small businesses’ global impact (98% of all exporting firms are small businesses)

So paying a little extra consideration to smaller/local businesses continues to be of benefit to our economy generally and likely for you as well. 

 
Brian Mudd

Brian Mudd

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