Small Business Backbone of Economy

Today small business is the economic backbone of the US economy. There are 465,000 people creating new businesses on average each month in the USA.

Small businesses create 75 percent of the net new jobs in USA economy. Small businesses pay more than 44 percent of the nation’s private payroll. More than 50 percent of the U.S. private gross domestic product is generated by small businesses. Almost 97 percent of exporters are small businesses.

Reference :- http://www.mysuccessgateway.com