Thursday, June 30, 2005

Small Business by the Numbers

When the Press calls, you need statistics fast.
  • How many small businesses are there?
  • What is the survival rate for new firms?
  • How many businesses open and close each year?
  • How many new jobs do small firms create?

These and many more Frequently Asked Questions are answered by the SBA’s Office of Advocacy in this PDF document or on the web.

If you need New York State-specific statistics, check out SBA's State Economic Profiles. These annual profiles show the number of small, women-owned, and minority-owned businesses for each state; business turnover (new firms, bankruptcies and terminations); employment; small business income; sources of financing; firms by industry and firm size; and non-farm establishment job gains and losses by firm size. The 2004 New York profile is available in two formats: PDF or plain text.

This data is also available on the NYS SBDC web site at: http://www.nyssbdc.org/News/SmallBizStats/smallbizstats.html.

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