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How small businesses can support and help each other grow

 

Last updated 12/3/2020 at 3:33pm

MetroCreative

There is much the public can do to help small businesses be successful, but there also are steps small business owners can take to assist one another.

Small businesses play a vital role in economies across the globe. The Small Business Administration says small businesses - which are defined as firms that have fewer than 500 employees - comprise 99.9 percent of all businesses in the United States. Small businesses may be defined differently elsewhere in the world (in the European Union, small businesses are defined as firms with 50 or fewer employees), but they are no less valuable to their economies.

Because of the key role small businesses play, including employing millions of people throughout the world, it is essential that small busi...



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