Posted by Dave Lorenzo - Business Coach

The Entrepreneurial Mind gives us the ten reasons why we should all love small business.  They are:

• Small businesses make up 99.7 percent of all United States employers.
• Small businesses create more than 50 percent of the American nonfarm private gross domestic product (GDP).
• Small patenting firms produce 13 to 14 times more patents per employee than large patenting firms.
• The more than 24 million small businesses in the United States are located in every community and neighborhood.
• Small businesses employ 50.1 percent of the United States’ non-farm private sector workers.
• Home-based businesses account for 53 percent of all small businesses.
• Small businesses are 97 percent of America’s exporters and produce 26 percent of all export value.
• United States saw an estimated 580,865 new small firms with employees start-up in the last year measured.
• There are approximately 4,115,900 minority-owned businesses and 6,492,795 women-owned businesses in the United States, and almost all of them are small businesses.
• The latest figures show that small business creates 65 percent or more of America’s net new jobs.

It is a great time to be an entrepreneur.

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1. Love for the Small Business

   The Entrepreneurial Mind give us the ten reasons why we should all love small business.  They are:

   10. Small businesses make up 99.7 percent of all United States employers.
   9. Small businesses create more than 50 percent of the American non…

   Trackback by David V. Lorenzo | SoHoSavvy.com — February 13, 2006 @ 18:55

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