May 6, 2018 · 1 min read
The State of Small Business: Most Fascinating Facts [Infographic]
Statistics on the 30 million small businesses driving the US economy: where they are based, how they grow, and how many survive their first five years.
Being a small business owner is hectic at best, and terrifying at worst. When you’re constantly keeping your head down and focusing on the day’s to-do list, it can be tough to remember that you’re not actually alone in running your company. In fact, your small business is one of 30 million companies driving the US economy.
With a scale this massive, there’s a lot of interest in small businesses and how they impact our society. From where they’re based to how they grow, the statistics are fascinating.
Our top takeaways? Even though less than half of all small businesses with employees survive their first five years, we’re encouraged by the optimism of these firms. As a proud small business supporter, we’re excited to continue to aid small businesses and their nearly 60 million employees in their future growth.