Small Business's Role in the American Economy.

Everyone knows that small business is a large part of the american economy, but how much does the United States rely on the small guys?

Small businesses are the backbone of the American economy. According to the Small Business Administration (SBA), small businesses make up 99.9% of all firms in the United States and employ 47.5% of the private workforce. With so many small businesses in the country, it's no surprise that they play a critical role in driving economic growth and stability.