Small Businesses make the world go round, don’t they? As a small business owner or employee, you probably want to spread the word about how great SMBs are. To help you out, we’ve compiled some interesting stats and figures about small businesses, as well as advice from fellow entrepreneurs—and we’ve made them easily tweetable!
Small Business Stats
- At the end of 2011, there were 27+ million SMBs in the US.
- Small businesses with < 100 employees represent 99% of all employers.
- 50% of SMB owners report gaining new customer through social media.
- 31% of SMBs in the US survive at least 7 years.
Small Business Advice
Statistics are great—but so is advice. We gathered the following tips, tricks and inspirations from
around the Web. These entrepreneurs and small business owners have wise words to share:
- It used to be work smarter, not harder. Now it’s work smarter AND harder. -@chrisruyspr
- Over anticipate everything: customer demands, timelines, resources. Better to come out ahead than behind. -@JasonWilczak
- Let your employees train you. They know how to get their jobs done best & most efficiently. @kccraft
- The key to reliability is effective communication with your team members! – barrymoltz
- Always have a plan B. Sometimes plan A doesn’t work as planned. – @RamonRay
- If you love what you do, you will find a way. – Steve Jobs
Which statistic or piece of advice did you find most interesting? Be sure to share it by clicking the button!