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Small Business Administration There are about 28 million small businesses in the United States. These organizations create 75 percent of the new jobs and employ

Small Business Administration

  • There are about 28 million small businesses in the United States.
  • These organizations create 75 percent of the new jobs and employ 50 percent of the country's private workforce.
  • Small businesses contribute 46 percent of all sales in the United States, and are responsible for 51 percent of the gross domestic product (G D P).

All of us have had personal experiences with small business - as an owner, relative of an owner, employee, friend, or in other relationships. Describe a personal experience you have had with a small business to include:

  • the name of the business,
  • an explanation of the products or service offered,
  • why you chose this small business,
  • challenges they might have in comparison to larger organizations in the same industry.

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