Snapshot of Small Business in the U.S.

According to the SBA’s Office of Advocacy, in its 2021 Small Business Profile, there are 32.5 million small businesses in the U.S., accounting for 99.9% of all businesses in the country. They employ 61.2 million workers, which is 46.8% of all U.S. employees. Women owned 43.1% of businesses, veterans owned 6.6%, Hispanics owned 13.3%, and racial minorities owned 19%. #IdeaoftheDay