How micro and small enterprises dominate the economy

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How micro and small enterprises dominate the economy -

Did you know 52 percent of all US workers employed by micro and small business? While large well-known companies are much more likely to steal the headlines, micro and small businesses in America are a driving force of the economy.

Why? How? Here are some interesting statistics about how small businesses dominate the economy, according to a new infographic by CBS Pulse Small Business:

  • 99 percent of independent businesses employ fewer than 500 persons

  • 52 percent of all US workers are employed by small businesses

  • small businesses employ 39 percent of all workers in the industry technology

  • the average annual income of a small business is $ 3.6 million

  • 19.6 million people work for companies with fewer than 20 workers

  • 18.4 million people work for companies with 20-99 employees

Infographic - Micro and small businesses dominate the economy

Disclaimer: the views expressed in these graphics do not necessarily reflect the views of Zane benefits, its staff or its affiliates

how-small-business-dominates-the-economy-infographic

Infographic Source :. Pulse CBS Small Business

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