Small Businesses Are The LifeBlood Of The US Economy.....

A recent update to my blogging ventures includes highlighting local small to medium size business owners. Small businesses are the impetus that drives the American economy. With this statement being
validated by the enclosed information. You will begin to see how placing emphasis on this on a local level is very important. I will strive to include interviews of local small business owners, who are dealing with
adversity and prosperity, and are willing to share their stories. By doing so I am hoping to bolster morale and camaraderie amongst local business owners. In my opinion, small business owners need to hear stories of triumph from other business owners in the Triangle. These stories will serve to empower other entrepreneurs who may be discouraged or burned out. The bios presented will also help to increase the recognition of the businesses and advocate patronage from
the community. I understand that my niche is helping small to medium size business owners match wits with the marketing budgets of other mammoth size corporations, and to also get big corporations to do business with small to medium size business owners. The enclosed information below is a wake up call for the community to see the power
of small businesses, and how WE drive the economy, which is a main subject of controversy in the media.


What really drives the U.S. economy? No, it is not war. Small business -- firms with fewer than 500 employees -- drives the U.S. economy by providing jobs for over half of the nation's private workforce. The latest figures from the SBA show that small businesses with fewer than 20 employees increased employment by 853,074 during 2001-2002.

These and other statistics outlining small business' contribution to the economy are contained in the Small Business Profiles for the States and Territories, 2005 Edition from the Office of Advocacy of the U.S. Small Business Administration (SBA).

"Small business drives the American economy," said Dr. Chad Moutray, Chief Economist for the Office of Advocacy in a press release. "Main Street provides the jobs and spurs our economic growth. American entrepreneurs are creative and productive, and these numbers prove it."

Small businesses are job creators. Office of Advocacy funded data and research shows that small businesses represent 99.7 percent of all firms, they create more than half of the private non-farm gross domestic product, and they create 60 to 80 percent of the net new jobs.

Washington Post-------