Small Business Definition

There is an interesting article attached to this blog by the Associated Press. Its asks a great question, “what is the value to the U.S. economy of small businesses?” What a great question.

As an owner of a couple of small businesses and a consultant to many other small businesses from manufacturers, construction companies, and professonal services, I “believe” I understand the value of small businesses in the U.S. economy. It’s pretty simple really. Small businesses are truly the backbone of any economy – regardless of what the business produces, manufactures and or sells. In other words, as this is a good article relative to the knowledge of the author about small businesses, no matter what you may hear or who you choose to believe, small businesses in the U.S. are truly the lifeblood on this economy. It’s basic math – we should try it. So no matter what your policical affiliation, left or right, up down, blue red – small businesses in the U.S. are the single most important aspect of this country’s economic stability.

Read the article at CNBC.com

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