Small Business Ownership in the US

Let's Talk About Work SMALL BUSINESS OWNERSHIP IN THE UNITED STATES THERE ARE OVER 27 MILLION SMALL BUSINESSES IN THE UNITED STATES Employing Generating $30.0 117.3 Million Persons Trillion In Business Revenues WHO ARE THE SMALL BUSINESS OWNERS IN THE UNITED STATES 22.6 million 8.3 million 5.8 million 2.4 million businesses are businesses are businesses are businesses are white-owned women-owned minority-owned veteran-owned 36.5% "Just as the 2010 are 55+ 29.6% Census has documented years of are 45- our increasingly diverse population, so too the Survey of Business Owners demonstrates age 54 years of age What age are 31.7% the business the increasing diversity of U.S. business ownership." are 25- 44 years of age owners? Tom Mesenbourg, deputy director of the U.S. Census Bureau. 2.2% are <25 years of age WHERE DO THEY WORK Top 4 States for Small Business Owners Over Half Are Home-based California Texas 51.6% are home-based Florida New York Sources: US Census Bureau's 2007 Survey of Business Owners American Express OPEN "The State of Women-Owned Businesses Report." 2012 TALK ABOUT WORK