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Just The Facts Small-business reports by state from the SBA's Office of Advocacy

By Robert J. McGarvey

Opinions expressed by Entrepreneur contributors are their own.


Want a snapshot of a state's small-business health andfitness? Every year, the Office of Advocacy of the SBA compiles areport on small businesses for each state, and this documentprovides fascinating and useful data. In Hawaii, for instance,3,200 new small businesses opened in 1998-and 3,200 closed up inthe same year. A real bonus in these reports: For every state, theSBA offers up a list of small-business-friendly lenders as measuredby loans actually issued. Of course, every state gets its turn inthis document, and the more you read, the more surprises. Forinstance, did you know that in 1998, small businesses made up 97percent of Mississippi's employers? Or that 99 percent ofbusinesses in California are considered small businesses accordingto the SBA's definition?

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