There are four significant ways
small businesses contribute to this great country of ours:
#1 Small business is the number
one job creation engine
Small businesses represent 99.7
percent of all employer firms, employ half of all private sector employees and
pay 45 percent of the total U.S.
private payroll. Small business has generated 60 to 80 percent of net new
jobs annually over the last decade (U.S. Small Business Administration,
Office of Advocacy).
#2 Small business is a loud voice
in public affairs and politics
Small-business owners vote!
Disproportionately large percentages of small-business owners are registered to
vote (95%), usually do vote (84%) and run for elective office (3%) (NFIB
National Small Business Poll: Political Participation).
#3 Small Business is a steady part
of the American work force
46% of small employers intend to never fully
retire. Another 23% will retire at 65 or older, with half that number retiring
at 70 or older. 60% percent of those intending full retirement at some point
expect to phase-out, rather than to retire abruptly (NFIB National Small
Business Poll: Retirement).
#4 Small businesses contribute to
local communities
91% of small employers (small-business
owners) contributed to their community in 2014 through volunteering, in-kind
contributions, and/or direct cash donations. About 41% contributed in all three
ways. The estimated average value of contributions is $6,600 per small
employer, contributing and not, for a total of roughly $40 billion (NFIB
National Small Business Poll: Contributions to Community).
We also help America
At Karish Kapital, we are proud to support American small
businesses. We provide alternative merchant cash
advance short term capital solutions.
These alternatives are ultimately based on the strength, resiliency and resolve
of the entrepreneurs who are committed to managing their businesses for
success. For more information and to see how we can help your business click HERE or call
347-871-CASH (2274).