Monday, July 18, 2016

8 Facts That Will Make You Proud to Be a Small Business Owner

Chin up, small business owner! You’re transforming the workforce in powerful, amazing ways—and we’ve got the numbers to prove it.

1. We’re awesome at creating new jobs.

Small businesses have generated 60% of new jobs since 2009.

Got this one here.

2. We’re a force to be reckoned with.

Over 50% of the working population works in a small business—that’s 120 million people!

Got this one here.

3. We’ve ditched the office.

Small business owners are turning the work-from-home lifestyle into the new norm. 52% of all small businesses are home-based.

Got this one here.

4. Both the young and young-at-heart are crushing it at small business ownership.

Though folks in their forties and fifties dominate small business ownership, more than 3 million of these businesses are owned by people over 65, and half a million are owned by young entrepreneurs under 25.

Got this one here.

5. We’re growing more and more diverse.

Nearly 15% of small business owners are people of color. Latina-owned businesses alone grew by over 86% between 2007 and 2012!

Got this one here.

6. We’re proud of our ladies…

36% of small businesses are owned by women, and women-owned businesses raked in a collective $1.4 trillion in 2012.

Got this one here.

7. …And our veterans!

Let’s not forget the vets who dive into entrepreneurship after serving in the armed forces. Just over 9% of small business owners are veterans.

Got this one here.

8. You’re in good company.

Your small business is one of more than 28 million small businesses across the United States.

Got this one here.

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