Sep 09

Axios has a good article on the health of small businesses, well if you read it good is not a thought that comes to mind…

Failure of small businesses is bad for both commercial landlords, and because 49.2% of America’s private-sector employees work in a small business, it will impact the long term viability of residential rentals as well.

Source: https://www.axios.com/small-business-confidence-goldman-sachs-74ba6e69-ad0e-4cb5-bee3-d03445b2a30e.html

From the SBA

Small businesses make up:
99.7 percent of U.S. employer firms, 64 percent of net new private-sector jobs, 49.2 percent of private-sector employment, 42.9 percent of private-sector payroll, 46 percent of private-sector output, 43 percent of high-tech employment, 98 percent of firms exporting goods, and
33 percent of exporting value.

Source: U.S. Census Bureau, SUSB, CPS; International Trade Administration; Bureau of Labor Statistics, BED; Advocacy-funded research, Small Business GDP: Update 2002- 2010, www.sba.gov/advocacy/7540/42371

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