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Small Businesses: Difference between revisions
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Small businesses are generally defined by the U.S. Small Business Association (SBA) as independent businesses having fewer than 500 employees. Based on SBA's definition, there are 33.2 million small businesses in America, which account for 99.9% of all U.S. firms.<ref>https://www.uschamber.com/small-business/state-of-small-business-now</ref> | |||
* Small businesses are credited with just under two-thirds (63%) of the new jobs created from 1995 to 2021 or 17.3 million new jobs. | |||
* Small businesses represent 97.3% of all exporters and 32.6% of known export value ($413.3 billion). | |||
* They also employ almost half (46%) of America's private sector workforce and represent 43.5% of gross domestic product. | |||
== NFIB Survey == | |||
== Small Business Credit Survey == | |||
== Funding == | |||
=== Senior Loan Officer Opinion Survey === | |||