Small businesses help stimulate economic growth in the United States economy. Small businesses employ about 50% of the country’s workforce and create 65% of new jobs. Deciding to follow your dream of starting a small business is good for the economy. Here are ways small business is good for the economy.
- Provide products or services that larger companies see as not profitable.
- More productive. It can take less time to produce a product or service in a smaller company.
- Provide outsourcing for large companies to help reduce costs and improve efficiency.
It’s important for small businesses to succeed and there are resources to help small businesses to grow. In next week’s article, look for “How to Find Assistance for Your Small Business”.
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