There's Nothing Small About Small Businesses in the U.S. (Infographic)

Since 2000, small businesses have been on the rise. But the space still has some catching up to do.
There's Nothing Small About Small Businesses in the U.S. (Infographic)
Image credit: Hero Images | Getty Images

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
1 min read

Today, there are nearly 28.4 million small businesses in the U.S.

Accompanying this increasing number is their impact on the U.S. economy. In fact, small businesses account for nearly half of private-sector employment in the U.S. The small-business sector in America occupies 30 to 50 percent of all commercial space in the U.S. and accounts for more than half of U.S. sales.

Unfortunately, the small-business sector still has some catching up to do. Nearly two-thirds of small-business owners are men with average receipts of $570,000. The remaining female small-business owners have an average of $130,000 in receipts. Half of small-business owners are between the ages of 50 to 88.

To learn more about American small-business owners, check out Bryant Surety Bonds’ infographic below.

More from Entrepreneur
Our Franchise Advisors will guide you through the entire franchising process, for FREE!
  1. Book a one-on-one session with a Franchise Advisor
  2. Take a survey about your needs & goals
  3. Find your ideal franchise
  4. Learn about that franchise
  5. Meet the franchisor
  6. Receive the best business resources
Make sure you’re covered if an employee gets injured at work by
  • Providing us with basic information about your business
  • Verifying details about your business with one of our specialists
  • Speaking with an agent who is specifically suited to insure your business
Discover a better way to hire freelancers. From business to marketing, sales, finance, design, technology, and more, we have the freelancers you need to tackle your most important work and projects, on-demand.

Latest on Entrepreneur