Infographics

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
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

Grow Your Business at Entrepreneur LIVE! Join us on Nov. 16 in Brooklyn, NY, to learn from legends like Danica Patrick and Maria Sharapova, pitch our editors, meet with investors, and potentially walk away with funding!
Register here

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.