FLEX OUR SMALL BUSINESS MUSCLES!!!
EVERY SMALL BUSINESS SHOULD HOLD A MEETING WITH ITS EMPLOYEES AND EXPLAIN THAT WITH BUSINESS BEING TIGHT AND ALL.... YOU ARE GOING TO LAY OFF ONE EMPLOYEE THIS SEPTEMBER...THANKS TO OBAMA'S ANTI BUSINESS POLICIES:...
You can assume that almost all your employees voted for Obama the last time out.
Tell Your WORKERS
"A VOTE FOR OBAMA IN NOVEMBER
TO KEEP HIS JOB......
is a VOTE IN 2013 TO LOSE YOUR JOB"
- Small firms:
• Represent 99.7 percent of all employer firms.
• Employ half of all private sector employees.
• Pay 44 percent of total U.S. private payroll.
• Generated 65 percent of net new jobs over the past 17 years.
• Create more than half of the nonfarm private GDP.
• Hire 43 percent of high tech workers ( scientists, engineers, computer programmers, and others).
• Are 52 percent home-based and 2 percent franchises.
• Made up 97.5 percent of all identified exporters and produced 31 percent of export value in FY 2008.
• Produce 13 times more patents per employee than large patenting firms.
How many small businesses are there?
In 2009,there were 27.5 million businesses in the
, according to Office of Advocacy estimates.The lastest available Census data show that there were 6.0 million firms with employees in 2007 and 21.4 million without employees in 2008. Small firms with fewer than 500 employees represent 99.9 percent of the total ( employers and nonemployers), as the most recent data show there were about 18,311 large businesses in 2007. United States
What is small firms’ share of employment?
Small businesses employ about half ofWhat share of net new jobs do small businesses create?
workers. Of 120.6 million nonfarm private sector workers in 2007, small firms employed 59.9 million and large firms employed 60.7 million.About half of small firm employment is in second-stage companies (10-99 employees), and half is in firms that are 15 years or older. Small firms’ share of employment in rural areas is slightly higher that in urban areas; their share of part-time workers (22 percent) is similar to large firms’ share (19 percent). Small firms’ employment share remains steady since some small firms grow into large firms over time. U.S.
- Small firms accounted for 65 percent (or 9.8 million) of the 15 million net new jobs created between 1993 and 2009. Much of the job growth is from fast-growing high-impact firms, which represents about 5-6 percent of all firms and are on average 25 years old.
Source: U.S. Dept. of Labor, Bureau of Labor Statistics, Business Employment Dynamics; Advocacy-funded research by Zoltan Acs, William Parsons and Spencer Tracy, 2008 (www.sba.gov/advo/research/rs328.pdf)