Apr
19
2010
19
2010
Small Business Statistics
An article by admin
Every day, you interact with employees and customers, providing the goods and services that your community needs and providing jobs to members of the community as well. Though you experience the happenings of a small business owner on a daily basis, first hand, it can be enlightening and informative to get to know how other small business owners in the country operate, what they sell, how long they’ve been in business, what problems they struggle with, etc. For that reason, we’ve compiled the following list of worthwhile statistics regarding small business owners in the U.S.
- In 2008, there were 29.6 million small businesses in the United States
- According to information provided by CNN Money there are 290 entrepreneurs per 100,000 people
- Vermont, Montana and Colorado have the most small businesses per 100,000 people (Vermont = 550, Montana = 530, Colorado = 490
- In 2005, San Jose’s individuals and small businesses won 732 utility patents, the most of any city in the country. (CNN Money)
- The Small Business Optimism Index decreased 0.3 point to 88.0 last month from November, as reported by the National Federation of Independent Business
- Two percent of small businesses are franchises
- Seven out of ten new employer firms last at least two years
- About half new employer firms survive five years
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