Small Business Statistics Of 2024

Starting a business in a new state can be very challenging.

Getting certifications from that state or finding new employees to employ can also be a difficult obstacle to tackle.

According to the Small Business Administration in 2024, there are a total of 27,151,987 businesses that are without employees. 

Not all businesses need employees to be successful though.

Having the right guidance and influences can also help you sky rocket on profits and margins.

The Small Business Administration also states that despite the average small business being operated by a solo founder, these enterprises have been a significant source of job creation in the U.S.

Currently 5,471,736 small businesses have 1-19 employees and 27,151,987 small businesses have 20-499 employees.