While we are championing small businesses all year round at 9K Consulting, we are fans of National Small Business Week, which has been celebrated by the SBA for over 50 years. While big businesses dominate the headlines and the stock market, it is small businesses that drive the economy. The complete picture of reasons is complex, but in short they create competition, respond to and impact local conditions, and fuel innovation.
In light of this, a review of the statistics on small businesses can provide timely data points in planning for the coming year. At census.gov there are new survey results to review about small businesses and how they have responded during the pandemic.
While we’re at it, have a look at these SBA Business Trends of 2021 as shared by the U.S. Small Business Association.
Do these resonate with you? Feel free to get in touch.
