According to the latest numbers from the Small Business Administrations Office of Advocacy, the numbers speak for themselves! Small firms…
Represent more than 99.7 % of all employers.
- Employ more than half of all private sector employees
- Pay 44.5 % of total U.S. private payroll.
- Generate 60 to 80 percent of net new jobs annually.
- Create more than 50 % of non-farm private gross domestic product
- Supplied 22.8 % of the total value of federal prime contracts in 01.
- Employ 39 percent of all high tech workers.
- Produce 13 to 14 times more patents per employee than large firms.
- Are 53 % home-based and 3 % franchises.
- Make up 89 % of all identified exporters
- Produced 20 % of the known export value in FY 2001.

Mister Wong
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