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Top 10 Reasons to Love Small Business The Heart of the Nation's Economy
- Small businesses make up 99.7 percent of all United States employers.
- Small businesses create more than 50 percent of the American non-farm private gross domestic product. (GDP)
- Small patenting firms produce 13 to 14 times more patents per employee than large patenting firms.
- The more than 24 million small businesses in the United States are located in every community and neighborhood.
- Small businesses employ 50.1 percent of the United States' non-farm private sector workers.
- Home-based businesses account for 53 percent of all small businesses.
- Small businesses are 97 percent of America's exporters and produce 26 percent of all export value.
- United States saw an estimated 580,865 new small firms with employees start-up in the last year measured.
- There are approximately 4,115,900 minority-owned businesses and 6,492,795 women-owned businesses in the United States, and almost all of them are small businesses.
- The latest figures show that small businesses creates 65 percent or more of America's net new jobs.
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Basic Requirements for SBA Loans
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Checklist for Business Loans
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SBA 504 Loans
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Money Mgmt Newsletter
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SBA MicroLoans: $40,000 for Start-ups and $90,000 for Existing Businesses - No Collateral!
Read more at SBA.gov
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Small Business Counseling Services
Alabama A&M University Small Business Development Center provides free counseling to small businesses in a seven county area. Solutions are specifically tailored to the needs of the business client. Read More
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Attend the 'Start Your Own Business' Seminar Series
The 'Start Your Own Business' seminar series delivers basic start-up training, business planning, marketing training, and information on financing your business. Read More
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Small Business: Backbone of US Economy
Small businesses represent 99.7 percent of all firms, create more than half of the private non-farm gross domestic product, and generate 60 to 80 percent of the net new jobs.
Read More
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Benefit Costs Vary Dramatically with Firm Size
A new report released today by the Office of Advocacy of the U.S. Small Business Administration (SBA) details that the offering of benefits and their associated costs can vary dramatically with firm size.
Read More
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35762.Copyright © 2006 Alabama A&M University
| Campus Operator - (256) 372-5000 | Undergraduate Admissions
- (256) 372-5245 | Graduate Admissions - (256) 372-5266 | |
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