Fred Harteis -  Small Business working for America

 

Question: What business sector provides the most to American economy?

 

A:  Large Corporations

B:  Small Business

 

If you answered “B” you were correct.  If you answered “A” you are part of the majority that will benefit from this article.  We asked several subject matter experts to talk to us about small business. 

 

Fred Harteis – i Team:  Small Business Administration reports that small business creates three out of every four new jobs and generates a majority of American innovations.

 

Billy Florence - EQuad:  An estimated 25.5 million small businesses in America employ more than half of the country’s private work force.

 

Greg Duncan - WWDB:  A 2004 study conducted by National Federation of Independent Business found that 90% of Americans would approve if a son or daughter went into business for himself/herself.

Orrin Woodward - TEAM:  Sixty-six percent of Americans think that small business exerts a positive influence over the way things are going in this country today.  (NFIB)

 

Jody Victor - JEV:  IDC reports that small business now accounts for more than 40% of the offline economy.

 

Don Wilson :  Small business revenue.  IDC reports that the average annual income of a small business utilizing the Internet is $3 million per year compared with an average of $1.9 million for small businesses in general.

 

Dexter Yager – Internet :  Small businesses and home offices account for 40% of all technology investment in the United States (SBA).

 

 

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