Each year since 1963, the President of the U.S. has proclaimed National Small Business Week to recognize the contributions of small businesses to the economic well-being of America. As a part of this week, the U.S. Small Business Association acknowledges the special impact made by outstanding entrepreneurs and small business owners.
This year, National Small Business Week will honor the estimated 27.2 million small businesses in America because they are major contributors to the strength of our economy. Check out these facts about small businesses in the U.S.:
- To be considered a small business, there must be fewer than 500 employees.
- Firms with fewer than 500 employees represent 99.9 percent of all businesses in the U.S.
- More than half of Americans either own or work for a small business.
- Small businesses create 60-80 percent of new jobs in this country.
- 52 percent of U.S. businesses are home-based.
- According to the 2007 U.S. Census Bureau Survey of Business Owners, 28.7 percent of all U.S. businesses were owned by women (a total of 7.8 million).
Alex Brown: Motivational and inspirational speaker and author.
Baby Diaper Cakes and Beyond By LaTersa: Provides custom baby shower diaper cakes, baby shower favors, wedding gifts and more.
Chonya Davis Johnson: Author and founder of The Executive Youth Leadership Summit at the U.S. Capitol.
CVisions Professional Services: Provides off-site administrative and business support to entrepreneurs, small business owners and other busy professionals.
DMJ Consulting: Assists clients in creating success and preventing failure by providing quality business and marketing services.
L S Consulting Group: Offers affordable solutions to businesses and individuals aspiring to build and manage their wealth.
Ryan Johnson: Focuses on assisting individuals in creating full-time income through the use of the Internet.
S & L Beauty Supply and More: Hair shop in Hartwell, GA that provides haircare products, wigs, weaves, accessories and more.
Sasha's Spa: Charlotte-based mobile spa service; your private getaway when you can't get away
Shivawn Mitchell: Author and Founder of L.o.v.e. Movement Network, a community where women can connect and relate with one another.
Single Is...: Where single women come together to be inspired and redefine what it means to be single and happy!
So Ambitious Design & Development: A growing software development firm based in Chapel Hill, NC, designing the technology that develops business.
Speaking Hearts: A Christian life coaching and speaking company helping teen girls and women reach their goals, find their purpose and let go of things keeping them bound.
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National Small Business Week