In 2021, about **** million small business firms with employees were counted in the United States. That same year, there were around ** million non-employer small businesses.

In the second quarter of 2024, 61 percent of surveyed small business owners indicated that the health of their business was in good shape. A further 24 percent of respondents said the health of their business was about average. At the end of 2019, small businesses in "very good" health peaked at 43 percent. By the end of 2020, this number fell to 25 percent in the wake of the COVID-19 pandemic.

According to a new study, women started 49% of new businesses in the United States in 2021. This is way up from 28% in 2019.

These small business statistics will tell you everything you need to know about the growth of business and where it’s going in the future.

In 2022, about ***** million small businesses in the professional, scientific, and technical services industry had no employees. A further ******* small business had one to 19 employees in the same industry.

About 1.5 million jobs are created in the US every year by small businesses alone. This means that 64% of all job creation comes from small businesses.

The following small business statistics broken down by industry to help you understand the small business landscape better.

The number of small and medium-sized enterprises in the United States was forecast to continuously decrease between 2024 and 2029 by in total 6.7 thousand enterprises (-2.24 percent). After the fourteenth consecutive decreasing year, the number is estimated to reach 291.94 thousand enterprises and therefore a new minimum in 2029. According to the OECD an enterprise is defined as the smallest combination of legal units, which is an organisational unit producing services or goods, that benefits from a degree of autonomy with regards to the allocation of resources and decision making. Shown here are small and medium-sized enterprises, which are defined as companies with 1-249 employees.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).

This statistic shows the number of small businesses in the United States in 2012, by gender of the owner. The statistic includes only data on employer businesses. In 2012, about 3.3 million small businesses with paid employees in the United States were owned by men.

The Small Business Administration maintains the Dynamic Small Business Search (DSBS) database. As a small business registers in the System for Award Management, there is an opportunity to fill out the small business profile. The information provided populates DSBS. DSBS is another tool contracting officers use to identify potential small business contractors for upcoming contracting opportunities. Small businesses can also use DSBS to identify other small businesses for teaming and joint venturing.

U.S. Small Business Loan Market size was valued at USD 30,833.44 Million in 2023 and is projected to reach USD 56,135.67 Million by 2031, growing at a CAGR of 8.94% during the forecast period 2024-2031.The U.S. Small Business Loan Executive SummaryA small business loan is a form of financing offered to small businesses by banks, credit unions, or alternative lenders for a variety of uses, including beginning a new business, growing an existing one, buying inventory or equipment, paying for operating costs, or fulfilling other financial requirements. These loans often have terms and circumstances that are different from those of loans provided to larger firms, and they are designed specifically to meet the needs of small enterprises. There are several methods to organize small business loans: SBA (Small Business Administration) loans, invoice financing, term loans, credit lines, equipment financing, and more. The borrower's creditworthiness, the lender's policies, and the loan's intended use are some of the variables that affect the conditions of the loan, including interest rates, payback schedules, and collateral requirements. These loans are essential in helping small business owners and entrepreneurs launch, grow, and maintain their enterprises, which promotes economic growth and employment generation. But getting a small company loan frequently calls for thorough preparation, supporting documentation, and a strong business plan that demonstrates the borrower's capacity to pay back the loan.The growing need for U.S. Small Business Loan Market is driven by several factors, including the increasing number of start-ups and small businesses, availability of a variety of loan options tailored to meet the unique needs of small businesses, technological advancements in financial services, and changing consumer behavior. The United States has a supportive ecosystem for small businesses, with resources such as business incubators, accelerators, mentorship programs, and networking opportunities. These resources provide guidance, funding, and support services to aspiring entrepreneurs, helping them navigate the complexities of starting and growing a business. Thus, the number of small businesses is continuously growing in the United States. However, high interest rates act as a significant constraint on the growth of U.S. Small Business Loan Market. Businesses can be discouraged from taking out loans, leading to reduced borrowing activity and slower market growth.

The below table shows a complete breakdown of employer businesses owned by minorities.

Small Business Phone Systems Market Outlook

The global market size for small business phone systems was valued at approximately USD 5.2 billion in 2023 and is projected to reach around USD 9.8 billion by 2032, reflecting a compound annual growth rate (CAGR) of 7.2% during the forecast period. Several growth factors are driving this market, including technological advancements, the increasing need for seamless communication in small to medium-sized enterprises (SMEs), and the growing adoption of cloud-based solutions.

One of the primary growth factors driving the small business phone systems market is the increasing digital transformation initiatives across various industries. Small businesses are increasingly adopting advanced communication tools to streamline operations, enhance customer service, and improve collaboration among employees. These systems offer features such as voicemail, call forwarding, conferencing, and integration with customer relationship management (CRM) software, making them essential for modern business operations. Additionally, the rise in remote working trends has further propelled the demand for efficient and versatile phone systems that support a distributed workforce.

Another significant factor contributing to the market's growth is the cost-efficiency and scalability of modern phone systems. VoIP (Voice over Internet Protocol) and cloud-based phone systems, in particular, are becoming popular among small businesses due to their lower installation and maintenance costs compared to traditional phone systems. These systems also offer the flexibility to scale operations up or down based on business needs, making them ideal for growing enterprises. Moreover, the integration of advanced features such as artificial intelligence (AI) for automated customer service and analytics is enhancing the functionality and value proposition of these systems.

The increasing importance of customer experience and engagement is also fostering the adoption of advanced phone systems among small businesses. In competitive markets, providing excellent customer service can be a key differentiator, and modern phone systems enable businesses to manage customer interactions more effectively. Features like call routing, automated attendants, and real-time analytics help businesses respond to customer inquiries promptly and efficiently. Furthermore, the ability to integrate phone systems with other business applications, such as CRM and help desk software, allows for a more holistic approach to customer management.

From a regional perspective, North America holds a significant share of the small business phone systems market, driven by high adoption rates of advanced communication technologies and a strong presence of key market players. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period. This growth can be attributed to the increasing number of small and medium-sized enterprises in countries like China and India, coupled with rising investments in IT infrastructure and digital technologies. Additionally, government initiatives to promote digitalization and support small businesses are likely to further boost market growth in this region.

As small businesses continue to embrace digital transformation, the role of Business Phone Number Apps becomes increasingly significant. These apps provide businesses with the flexibility to manage communication on the go, allowing employees to stay connected with clients and colleagues from anywhere. Business Phone Number Apps often integrate seamlessly with existing phone systems, offering features such as call forwarding, voicemail, and messaging, which are essential for maintaining professional communication standards. Additionally, these apps can be particularly beneficial for remote teams, as they enable consistent communication without the need for physical office infrastructure. By leveraging Business Phone Number Apps, small businesses can enhance their operational efficiency, improve customer service, and adapt to the evolving demands of the modern workplace.

Product Type Analysis

The small business phone systems market is segmented by product type into VoIP Phone Systems, PBX Phone Systems, Key System Units, and Hybrid Phone Systems. VoIP Phone Systems are rapidly gaining popularity due to their cost-effectiveness and advanced features. These systems use the internet to transmit voice calls, eliminating the need for traditional phone line

SB: IL: OP: Change in Hours: No Change data was reported at 78.100 % in 11 Apr 2022. This records an increase from the previous number of 76.600 % for 04 Apr 2022. SB: IL: OP: Change in Hours: No Change data is updated weekly, averaging 76.350 % from Nov 2021 (Median) to 11 Apr 2022, with 18 observations. The data reached an all-time high of 79.900 % in 14 Mar 2022 and a record low of 67.500 % in 10 Jan 2022. SB: IL: OP: Change in Hours: No Change data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.S047: Small Business Pulse Survey: by State: Midwest Region: Weekly, Beg Monday (Discontinued).

Access B2B Contact Data for North American Small Business Owners with Success.ai—your go-to provider for verified, high-quality business datasets. This dataset is tailored for businesses, agencies, and professionals seeking direct access to decision-makers within the small business ecosystem across North America. With over 170 million professional profiles, it’s an unparalleled resource for powering your marketing, sales, and lead generation efforts.

Key Features of the Dataset:

Verified Contact Details

Includes accurate and up-to-date email addresses and phone numbers to ensure you reach your targets reliably.

AI-validated for 99% accuracy, eliminating errors and reducing wasted efforts.

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Comprehensive data points include job titles, skills, work experience, and education to enable precise segmentation and targeting.

Enriched with insights into decision-making roles, helping you connect directly with small business owners, CEOs, and other key stakeholders.

Business-Specific Information

Covers essential details such as industry, company size, location, and more, enabling you to tailor your campaigns effectively. Ideal for profiling and understanding the unique needs of small businesses.

Continuously Updated Data

Our dataset is maintained and updated regularly to ensure relevance and accuracy in fast-changing market conditions. New business contacts are added frequently, helping you stay ahead of the competition.

Why Choose Success.ai?

At Success.ai, we understand the critical importance of high-quality data for your business success. Here’s why our dataset stands out:

Tailored for Small Business Engagement Focused specifically on North American small business owners, this dataset is an invaluable resource for building relationships with SMEs (Small and Medium Enterprises). Whether you’re targeting startups, local businesses, or established small enterprises, our dataset has you covered.

Comprehensive Coverage Across North America Spanning the United States, Canada, and Mexico, our dataset ensures wide-reaching access to verified small business contacts in the region.

Categories Tailored to Your Needs Includes highly relevant categories such as Small Business Contact Data, CEO Contact Data, B2B Contact Data, and Email Address Data to match your marketing and sales strategies.

Customizable and Flexible Choose from a wide range of filtering options to create datasets that meet your exact specifications, including filtering by industry, company size, geographic location, and more.

Best Price Guaranteed We pride ourselves on offering the most competitive rates without compromising on quality. When you partner with Success.ai, you receive superior data at the best value.

Seamless Integration Delivered in formats that integrate effortlessly with your CRM, marketing automation, or sales platforms, so you can start acting on the data immediately.

Use Cases: This dataset empowers you to:

Drive Sales Growth: Build and refine your sales pipeline by connecting directly with decision-makers in small businesses. Optimize Marketing Campaigns: Launch highly targeted email and phone outreach campaigns with verified contact data. Expand Your Network: Leverage the dataset to build relationships with small business owners and other key figures within the B2B landscape. Improve Data Accuracy: Enhance your existing databases with verified, enriched contact information, reducing bounce rates and increasing ROI. Industries Served: Whether you're in B2B SaaS, digital marketing, consulting, or any field requiring accurate and targeted contact data, this dataset serves industries of all kinds. It is especially useful for professionals focused on:

Lead Generation Business Development Market Research Sales Outreach Customer Acquisition What’s Included in the Dataset: Each profile provides:

Full Name Verified Email Address Phone Number (where available) Job Title Company Name Industry Company Size Location Skills and Professional Experience Education Background With over 170 million profiles, you can tap into a wealth of opportunities to expand your reach and grow your business.

Why High-Quality Contact Data Matters: Accurate, verified contact data is the foundation of any successful B2B strategy. Reaching small business owners and decision-makers directly ensures your message lands where it matters most, reducing costs and improving the effectiveness of your campaigns. By choosing Success.ai, you ensure that every contact in your pipeline is a genuine opportunity.

Partner with Success.ai for Better Data, Better Results: Success.ai is committed to delivering premium-quality B2B data solutions at scale. With our small business owner dataset, you can unlock the potential of North America's dynamic small business market.

Get Started Today Request a sample or customize your dataset to fit your unique...

During a April 2022 survey, 21.6 percent of surveyed small businesses in the United States claimed that the COVID-19 pandemic had a large negative effect on business. In comparison, only 1.7 percent of respondents said that the pandemic had a large positive effect on their business.

Success.ai delivers comprehensive access to Small Business Contact Data, tailored to connect you with North American entrepreneurs and small business leaders. Our extensive database includes verified profiles of over 170 million professionals, ensuring direct access to decision-makers in various industries. With AI-validated accuracy, continuously updated datasets, and a focus on compliance, Success.ai empowers businesses to enhance their marketing, sales, and recruitment efforts while staying ahead in a competitive market.

Key Features of Success.ai's Small Business Contact Data:

Extensive Coverage: Access profiles for small business owners and entrepreneurs across the United States, Canada, and Mexico. Our database spans multiple industries, from retail to technology, providing diverse business insights.

Verified Contact Details: Each profile includes work emails, phone numbers, and firmographic data, enabling precise and effective outreach.

Industry-Specific Data: Target key sectors such as e-commerce, professional services, healthcare, manufacturing, and more, with tailored datasets designed to meet your specific business needs.

Real-Time Updates: Continuously updated to maintain a 99% accuracy rate, our data ensures that your campaigns are always backed by the most current information.

Ethical and Compliant: Fully compliant with GDPR and other global data protection regulations, ensuring ethical use of all contact data.

Why Choose Success.ai for Small Business Contact Data?

Best Price Guarantee: Enjoy the most competitive pricing in the market, delivering exceptional value for comprehensive and verified contact data.

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Customizable Data Solutions: From hyper-targeted regional datasets to comprehensive industry-wide insights, we tailor our offerings to meet your exact requirements.

Scalable Access: Whether you're a startup or an enterprise, our solutions are designed to scale with your business needs.

Comprehensive Use Cases for Small Business Contact Data:

1. Targeted Marketing Campaigns:

Refine your marketing strategy by leveraging verified contact details for small business owners. Execute highly personalized email, phone, and multi-channel campaigns with precision.

1. Sales Prospecting:

Identify and connect with decision-makers in key industries. Use detailed profiles to enhance your sales outreach, close deals faster, and build long-term client relationships.

1. Recruitment and Talent Acquisition:

Discover small business leaders and key players in specific industries to strengthen your recruitment pipeline. Access up-to-date profiles for sourcing top talent.

1. Market Research:

Gain insights into small business trends, operational challenges, and industry benchmarks. Leverage this data for competitive analysis and market positioning.

1. Local Business Engagement:

Foster partnerships with small businesses by identifying community leaders and entrepreneurial influencers in your target regions.

APIs to Enhance Your Campaigns:

Enrichment API: Integrate real-time updates into your CRM and marketing systems to maintain accurate and actionable contact data. Perfect for businesses looking to improve lead quality.

Lead Generation API: Maximize your lead generation efforts with access to verified contact details, including emails and phone numbers. Tailored for precise targeting of small business decision-makers.

Tailored Solutions for Diverse Needs:

Marketing Agencies: Create targeted campaigns with verified data for small business owners across diverse sectors.

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Consultants: Provide data-driven recommendations to clients by leveraging detailed small business insights.

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170M+ Profiles: Access a vast and detailed database of small business owners and entrepreneurs.

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Empower Your Outreach with Success.ai:

Success.ai’s Small Business Contact Data is your gateway to building meaningful connections with North American entrepreneurs. Whether you're driving targeted marketing campaigns, enhancing sales prospecting, or conducting in-depth market research, our verified datasets provide the tools you need to succeed.

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Graph and download economic data for Number of Business Failures, All Commercial for United States (M0929CUSM474NNBR) from Jan 1939 to Jun 1965 about failures, commercial, business, and USA.

SB: IA: CH: SC: Difficulty Locating Alt Foreign Suppliers data was reported at 9.700 % in 11 Apr 2022. This records an increase from the previous number of 3.300 % for 04 Apr 2022. SB: IA: CH: SC: Difficulty Locating Alt Foreign Suppliers data is updated weekly, averaging 8.000 % from Nov 2021 (Median) to 11 Apr 2022, with 18 observations. The data reached an all-time high of 12.100 % in 06 Dec 2021 and a record low of 3.300 % in 04 Apr 2022. SB: IA: CH: SC: Difficulty Locating Alt Foreign Suppliers data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.S047: Small Business Pulse Survey: by State: Midwest Region: Weekly, Beg Monday (Discontinued).

27% of the entire small business workforce had to be laid off or furloughed in 2020 due to the COVID-19 pandemic.