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small business
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Small businesses are financed through owner savings; loans from family, friends and commercial lenders, bonds, stocks, ownership stakes and other arrangements.

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.


Small 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.

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.