Small Business Magament

A Collection of Data on Sm each(prenominal) business organization in North America The sm alone business mart changes rapidly. nonaged trading Stats reflects the current and future movement of the economy. The tuition included on this page represents the most current information. When discussing a little(a) business, this site uses the definitions provided by the U.S. handsome Business organisations Office of Advocacy. Small Business Affects on the Economy The estimated 22.9 one thousand million small businesses in the United States: Create 75 pct of the new jobs Employ 51 share of the countrys private workforce Represent more than 96 part of all the exporters of goods Represent more than 99 percent of all employers Generate a majority of the innovations that come from United States companies compute for more than 40 percent of the offline economy of the United States (IDC, January, 2003) root system: U.S. Small Business Administration, April 2003, unless noted otherwise. ________________________________________ New Small Business Statistics from the Federal Government (December, 2003) The Presidents Plan to Strengthen Small Businesses Small businesses represent more than 99 percent of all employers, and employ more than half the private work force.

Small business entrepreneurs create more than two out of both three new jobs and generate about 50 percent of the nations gross domestic product. Nearly 40 percent of small businesses are owned by women. Close to 15 percent of Americas small business owners are minorities and the gallery of minority ownership is accelerating. More than three million minority-owned small businesses are providing job opportunities for millions of Americans in thousands of communities across America. The President is committed to creating an environment where small businesses can flourish. Under the Presidents economic plan, entrepreneurs will be able to devote more resources to growth products, growing...

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