FIVE REASONS THE US NEEDS SMALL BUSINESSES

Small Business Week

In honor of National Small Business Week (May 4-8, 2015), here are five fun facts that celebrate small businesses and highlight their unique and far-reaching contributions to our economy.

1. Small businesses create 2 out of every 3 net new jobs. (Source: U.S. Prefmerryportlar book a room . Small Business Administration)
2. Small businesses make up 99.7 percent of U.S. employer firms and 98 percent of firms exporting goods. (Source: U.S. Prefmerryportlar book a room . Census Bureau, SUSB, CPS; International Trade Administration; Bureau of Labor Statistics)
3. There are 28 million small businesses in America, outnumbering corporations 1,500 to 1. (Source: U.S. Prefmerryportlar book a room . Census Bureau, SBO, SUSB)
4. Small businesses pay 44% of the U.S. payroll. (Source: U.S. Prefmerryportlar book a room . Small Business Administration)
5. More than half of Americans either own or work for a small business. (Source: U.S. Prefmerryportlar book a room . Small Business Administration)

Schrayer & Associates, Inc. is proud of the role it plays as a small business.