National Small Business Week marks more than 50 years of recognizing small business growth. The event highlights their contribution to the U.S. economy. And it identifies the challenges they face.
Small businesses seek to find workable solutions to these challenges in order to grow. And the administration says the success of these businesses “Depends on leadership and vision from all perspectives and backgrounds.”
Women own close to 10 million American small businesses. And minorities and veterans make up 29% and 10% of those owners respectively.
With the right policies, incentives, and environment, small businesses can grow without too much meddling from the government. Read more.
As we celebrate National Small Business Week please remember that most franchises are Mom & Pop owned & operated businesses. With long hours and in many cases, investment of life savings, franchisees have committed to the American Dream of business ownership no different than any Mom & Pop business owner on Main Street USA.
This is an important week for all Americans who rely on small businesses — it’s National Small Business Week. In addition to supporting small businesses in your local community, it presents a great opportunity to learn about the essential role small business entrepreneurs and their employees play in the American economy.
According to the Small Business Administration, there are more than 30 million small businesses in the United States—which employ nearly 60 million people. When stacked up against other participates in the business community, small businesses account for 99% of all enterprises in the country.
For the past decade, small businesses have been responsible for creating two-thirds of all net new jobs, empowering local economies all across the country. Not a lot of large businesses would open a location in a town of a few thousand people, yet you can’t go anywhere in America without running across a small business. They are truly the hallmark and cornerstone of Main Street. Read more.