Small businesses (generally defined as companies with fewer than 500 employees and less than $2 million in average revenue) are the driving force behind employment growth. In fact, small businesses provide jobs for over half of the nation’s private workforce and have generated nearly two-thirds of the new jobs over the past 15 years. Small companies pay 44% of total U.S. private payroll and comprise 97% of all U.S. exporters, according to the SBA Office of Advocacy’s Research and Statistics.
