Small Business: The Backbone of America

man and woman smiling inside building

Small businesses are the bedrock of the American economy, essential components of economic growth, job creation, and community development. In sheer numbers alone, they make a significant impact. As per data from the U.S. Small Business Administration, the country is home to over 30.2 million small businesses, accounting for 99.9% of all businesses. However, their contributions extend far beyond their numbers.