State of Small Business Infographic 0924

The State of Small Business
Small Business is Defined As
Wholesale Companies
Less than 100 employees
Retail Businesses
Average gross sales cannot exceed $7.5 million
Manufacturing Companies
Based on industry sub-category
Source: U.S. Small Business Administration
In the United States
33.2million small businesses
Source: teamshares.com
99.9% of all businesses are small businesses
Source: uschamber.com
50% of workforce employed by small buisness
Source: teamshares.com
Arizona
650,151 small businesses
42.2% of Arizona employees
99.5% of Arizona businesses
Iowa
272,465 small businesses
45.9% of Iowa employees
99.2% of Iowa businesses
Nebraska
181,742 small businesses
48.3% of Nebraska employees
99.1% of Nebraska businesses
Source: Small Business Economic Profile