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Small Businesses account for most employment and GDP growth
Elevon, ‘24
[Elevon, 2024, Elevon, “How do small businesses help the economy”, , Accessed July 16 2024, AMH]
How independent businesses help our economy
According to the Small Business Administration, small companies generated 12.9 million jobs over the past 25 years, accounting for 66% of employment growth in the U.S. Small businesses also contribute 44% of the U.S. gross domestic product (GDP), so as the number of new businesses grows so do their economic contributions.
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