Nov
10
Written by:
SuperUser Account
11/10/2010 3:32 PM
According to data from government and business sources, there are about ten million businesses in the United States. The vast majority of these are very small to midsized businesses. The Small Business Administration (SBA) uses number of employees to determine size classification. "Very Small" is any business with fewer than 20 employees; "Small" has 20 to 100; "Medium" has 100 to 500; and "Large" has 500-plus. The percentage of large business to all others is less than one percent. In fact, looking at these figures only within the 50 major metro areas--the main areas for the larger business--large business accounts for less than one half of one percent!
Very small business is the lifeline of economic growth and jobs creation. If there is any business that is too big to fail, it is our very small to midsize businesses. If the giants fall, these small businesses will emerge to replace them and distribute the well being among the lean, efficient, and productive survivors.
Why do our politicians give this so much lip service, when they really do not get it? Isn't it amazing that they clearly haven’t a clue?
- John C. Johnson