Who Are the “Ultimate Small Business Owners”? The Answer May Surprise You

According to the Small Business Administration, there are approximately 28 million small businesses, defined as companies with fewer than 500 employees, operating in the United States today. 28 million. Think about that for a moment. That’s a small business for roughly 1 in 11 Americans. How can there possibly be so many small businesses in existence today? Simple. Most employ just a handful of people — or no one at all, other than the principal. SBA statistics indicate that 73.2% of all small Read more [...]