Small businesses are financed through owner savings; loans from family, friends and commercial lenders, bonds, stocks, ownership stakes and other arrangements.
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small business
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small business
As firms grow, they change employment size classes. So as small firms grow, their growth counts toward small firm job gains; but if they pass the 500 employee mark, their employment is classified as large firm employment.
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small businessSmall businesses make up:-
99.7 percent of U.S. employer firms,
63 percent of net new private-sector jobs,
48.5 percent of private-sector employment,
42 percent of private-sector payroll,
46 percent of private-sector output,
37 percent of high-tech employment,
98 percent of firms exporting goods, and
33 percent of exporting value.
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small business
In 2011, there were 28.2 million small businesses, and 17,700 firms with 500 employees or more. Over three quarters of small businesses were non employers; this number has trended up over the past decade, while employers have been relatively flat.