The Majority of U.S. Businesses Have Fewer Than Five Employees ...Middle East

Washington, DC…Small businesses are often hailed as a vital segment of our national and local economies and a primary driver of U.S. financial growth. But just what is a small business? Is it based on a company’s number of employees or sales? Is it defined by the size of individual business locations (“establishment”) or the size of the company (“firm”) that owns those locations? No matter how we define “small businesses,” there’s no question they drive economic growth and are created the way most businesses are: as small start-ups. Firm Size To many, a small business is based on the amount of money it makes and number of employees at all (rather than at each) of its business locations. T

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