How Small Businesses Impact Their Communities

Small businesses are an essential part of our economy. They help to build identity, contribute to charities, diversify the marketplace, promote environmental friendliness, keep taxes close to home, promote collaboration over competition by building genuine relationships, and encourage overall entrepreneurship for future generations.?

Local businesses truly do impact our communities, and if you happen to disagree, please take a moment to review these facts…?

• Americans have applied to start more than 14.6 million new businesses under the President.
• Small businesses create two-thirds of net new jobs.
• Small businesses account for 40% of our nation's economic output.
• Small businesses are job creators that drive innovation and competition.

These are just some of the reasons that small businesses are actually more vital than larger corporations and organizations. They breathe economic health and growth!?

So, as you can see, small businesses are at the heart of creating more careers. So much so that the SBA is celebrating over 70 years! Take a look at their website by clicking here. Now, if you have any thoughts about the SBA, please join in on our discussion…???