Stefan Töpfer
CEO & Chairman of WinWeb
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I'm passionate about very small business, it's positive impact on personal lives and for local communities. Reducing small business failure is my aim and
that of WinWeb's services.







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Small Business Creates America’s Jobs




U.S. Small Business Administration, the Office of Advocacy has just released the latest figures for 2004 on small business activities, and the central statement is:

Small Business has added 1.9 Million New Jobs.

Other updated profiles show that:

  • In 2006, the nation had an estimated 26.8 million small businesses, of which 6.1 milion were employer firms.
  • Small businesses employed 50.9 percent of the nation’s non-farm private workforce in 2004.
  • America had 1.1 million Asian-owned firms, 1.2 million Black-owned firms, 1.6 million Hispanic-owned firms, 201,400 Native American-owned firms, and 28,900 Native Hawaiian and Pacific Islander-owned firms in 2002 (latest data). (Note: cannot be totaled, as business owners chose multiple ethnic and racial categories).
  • Women-owned firms totaled 6.5 million and generated $940.8 billion in revenues in 2002 (latest data).

“Small businesses are America’s job-creating dynamo,” said Dr. Chad Moutray, Chief Economist for the Office of Advocacy. “Clearly policy-makers need to consider their impact on small business when they are making policy decisions.”

I say - here are some civil-servance in-tune with their small business feelings. I hope our PM Gordon Brown is taking notes. ST.

« The Week Ender: There Is Hope Yet For Small Business.
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This entry was posted on Friday, October 26th, 2007 at 6:26 pm and is filed under Small Business / SOHO, News, Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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