AdvisorSmith Finds the Most Interesting Statistics for U.S. Small Businesses for 2021
Small businesses account for nearly half of private employment in the U.S. and no small business is the same
AdvisorSmith utilized the U.S. Small Business Administration Office of Advocacy (SBA) to analyze data and find the small business statistics. The SBA defines small businesses as independent businesses with fewer than 500 employees.
For the study, AdvisorSmith found 11 unique small business statistics. The statistics ranged from how many small businesses there are, how many people do small businesses employ, small business survival rates, and much more.
"Small businesses truly have such an important impact on our country's economy," said Patrick Chen, Co-Founder, AdvisorSmith. "We created this small businesses statistics page to help anyone interested in small businesses to understand some of the most important trends happening today."
To view the complete study and all the information, please visit https://advisorsmith.com/
AdvisorSmith is a leading information resource for small business owners. AdvisorSmith empowers small businesses with original research and insights into trends to help them succeed. For more information, visit https://advisorsmith.com or follow us on Twitter @AdvisorSmithInc.