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5 Factoids on the Value of Small Businesses

Less than a minute Read

Can’t get enough of National Small Business Week?!? Below are some facts that illustrate just how valuable small businesses are to the economy:

1.) There are 28.8 million small businesses, accounting for 99.7% of all U.S. businesses as of 2016 (source)

2.) Small businesses create patents at a rate 16 times higher than larger businesses (source)

3.) If the 77 million small business employees in the U.S. were a country, it would be the 17th most populous (source)

4.) Did you know that more than half of small businesses operate out of their founder’s home (source)

5.) Small business optimism reached an eleven-year high in the first quarter of 2018 (source)

Wow! A job well done so far small business owners – keep up the good work! And you can be sure to count on CAN Capital to continue to support you along the way.