HOW SMALL BUSINESSES POSITIVELY AFFECT LOCAL AND NATIONAL ECONOMIES

Small businesses are widely considered to be the engines of job creation in the United States. According to the Small Business Administration (SBA), there are more than 28,443,800 small businesses in the U.S. and they employ more than 56,062,800 workers. In fact, small businesses are also commonly referred to as the “backbone” of the U.S. economy.