Micro-Businesses are key to our econonmy!

[BizGuy]

Just recently read this and felt these were important statistics to share!

The following 9 facts about microbusinesses are provided by the U.S. Small Business Administration:

1. Microbusinesses provide about 75% of the net new jobs added to the economy
2. Microbusinesses represent 99.7% of all employers
3. Microbusinesses employ 53% of the private work force
4. Microbusinesses provide 47% of all sales in the U.S.
5. Microbusinesses provide 55% of innovations
6. Microbusinesses account for 35% of federal contract dollars
7. Microbusinesses account for 38% of jobs in high technology sectors
8. Microbusinesses account for 51% of private sector output
9. Microbusinesses represent 96% of all U.S. exporters

[kinkarso]

We were actually just talking about this in our entrepreneur 12 class. Those are some very interesting statistics Adam - the last one shocked me a bit

Donny

[BizGuy]

Donny,

Yes, the statistics are quite surprising and truly show how important Entrepreneurs are to the economy!

Here's to all of us Entrepreneurs, making a difference!!

-Adam