Anyone and everyone is talking about small businesses. They’ve been in the news as of late, thanks to Capitol Hill, with the recent JOBS act, talks of tax cuts and what plans the presidential candidates have to help small businesses. Obviously, creating an environment where small businesses can flourish has become top priority. This attention has been awarded due to the economic impact small businesses have. But just what kind of impact are we talking about?
Small Businesses: What’s All the Fuss About?
We know that small businesses mean a lot to our economy. How much? The folks over at Paychex decided to find out and came up with some fascinating figures. For example, did you know that small businesses employ 50 million Americans? Also, they generate $11 TRILLION in receipts per year. They truly are a pillar of our a economy and it’s no surprise the government is doing what it takes to keep them flourishing. Explore the infographic below to see more of how small businesses are impacting our economy.
Small Business, Big Impact. – An infographic by the team at Paychex BuildMyBiz®