10 Interesting Facts about Small Businesses in the U.S.

10 Interesting Facts about Small Businesses

Starting a small business can be tough, which is why perseverance and passion are crucial for success. Learn more about the small business community with these surprising facts.

  1. A small business is defined as a company that has 500 or fewer employees.
  2. There are 28 million small businesses in the U.S.
  3. 75% of those are nonemployer businesses, meaning they are owned and operated by one individual with no additional employees.
  4. Small businesses employ more than 50% of the working population.
  5. More than half of all small businesses are based at home.
  6. Out of all of the nonemployer businesses, there are more sole proprietorships than corporations.
  7. California has more small businesses than any other state.
  8. The most productive day in the work week is Tuesday.
  9. 82% of small businesses are registered on Facebook, making it the leading social website for small businesses.
  10. Small businesses pay almost half of the country’s payroll.

Did any of these surprise you? Do you have any more small business facts to add?

 

By Samantha Haupt

www.samanthahaupt.com

About Samantha Haupt

President & Co-Founder of LookLagoon Inc., Entrepreneur, Writer, and Photographer | An entrepreneur who loves learning about new ways to improve her businesses. A writer who enjoys teaching others. A photographer who is passionate about exploring the world and capturing the beauty of Mother Nature on camera. And a blogger who can't get enough of sharing her favorite experiences with others.

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