SME – USA

“Small Business Become Big Businesses “
Small business is a big job creator. Just 21.50% of all small business are employers, almost half of nations private sector (49.20%) is employed by SME & that is 120 million people.
Small businesses also drives a ton of consumer spending into the US economy.
Small business also leads the way in terms of technology & new product innovation.
Two main effective factors for SME’s are :-
1. Financing
2. Human Resources

As per census 2010 there were 27.9 million registered small businesses in US compared to 18,500 corporations of 500+ employees.
Most important point to note is that 99.7% US employer firms are small business.

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