We are proud of the small businesses in America and strive to support small businesses in our area. During this special week, the U.S. Small Business Administration takes time to highlight the impact of entrepreneurs, small business owners, and other members of small organizations throughout the fifty states. These men and women are working to create jobs, increase innovation, and strengthen America’s competitiveness.
To put things into perspective, look at these facts:
- There are 8,000 firms with over 1,000 employees and 8.1 million small businesses with under a 100 employees. This does not include homebased businesses.
- More than half of Americans either own or work for a small business.
- Small businesses have paid 44% of the total United States private payroll since 1995.
- About two out of every new three jobs in the U.S. is created through a small business!
What these statistics show is that small businesses help our local economy by providing growth and new ideas. The results of that are new talented employees that conceive innovative products and solutions that benefit us all. And don’t forget that small businesses provide terrific customer service!
Here at Brand Eleven Eleven we believe in customer satisfaction and take pride in hiring employees with unique talents, along with a resourceful imagination. This week is to celebrate the men and women who are supporting our economy with their small business!
Sources
Small Business Administration
Entrepreneur Magazine