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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.
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The following small business statistics broken down by industry to help you understand the small business landscape better.
This statistic shows the percentage of change in the number of small businesses operating in the United States from 2002 to 2012, broken down by the owner's gender. Between 2007 and 2012, the number of women-owned small businesses increased by **** percent.
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.
A comprehensive dataset covering small business statistics in 2025, including failure rates, growth data, average revenue, number of employees, and market insights.
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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.
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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.
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.
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27% of the entire small business workforce had to be laid off or furloughed in 2020 due to the COVID-19 pandemic.
In August 2024, a net ** percent of surveyed small business owners in the United States had plans to increase employment in the coming three months. Additionally, around ** percent of said that they had current job openings.
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One of the cool things about most small business owners is that they come from all different demographics and backgrounds.
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Small Business Ownership Statistics: Small businesses stand as the real backbone of the world economy. Even in 2024, they continue to be instrumental in job creation, innovation, and community development. From busy urban centres to remote rural districts, small businesses provide the edge of economic growth and stability.
This article covers some of the latest small business ownership statistics from across the globe, pointing out major trends, challenges, and opportunities.
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Obstacles to business growth and level of impact of obstacle to small and medium enterprises in 2020 by region, CMA level, North American Industry Classification System (NAICS), demographics, age of business, employment size, rate of growth, etc.
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Discover the latest small business marketing statistics in 2024 from Wix and Vistaprint. Learn valuable insights and effective marketing strategies to stay ahead of the game.
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The below table shows a complete breakdown of employer businesses owned by minorities.
This statistic shows the estimated constant annual growth rate of small-to-medium-sized business (SMB) spending worldwide, between 2016 and 2021, by technology area. Over the forecast period, SMB expenditure on business services is expected to grow at an average rate of *** percent per years. Hardware expenditure will grow the least, at a rate of *** percent per year, perhaps due to the shift towards cloud services and infrastructure.
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.
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Average yearly sales and revenue growth for small and medium enterprises in 2020 by region, CMA level, North American Industry Classification System (NAICS), demographics, age of business, employment size, rate of growth, etc.
Financial overview and grant giving statistics of Small Business Growth Corporation
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Learn how 69% of small businesses are harnessing AI to improve efficiency and reduce costs, as highlighted by a recent Goldman Sachs survey.
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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.