Small Businesses Responsible for Nearly All New Jobs
A new annual report sheds light on the impact entrepreneurs have on the overall economy.
From: Inc.com By: Liz Webber
Businesses with fewer than 20 employees account for 90 percent of all U.S. firms and are responsible for more than 97 percent of all new jobs, according to a new report by the Small Business Administration.This is just one statistic from a recently published annual report by the Small Business Administration Office of Advocacy based on Census data from 1988 to 2004, the most recent year available. The detailed figures quantify various indicators among small businesses, including job creation, business births and deaths, industry growth, and regional differences.
for the entire article go to Inc.com
Corra is not surprised that small businesses do most of the hiring. Small business will often provide the innovations in technology and procedure that serve to drive this country forward.
But small businesses must rely on progressive employees. By its very nature, a small business cannot afford to carry dead wood. Each employee must carry his load and then some. After all, the advantages a small business has over larger companies is the ability to be flexible and move quickly on opportunity. If a small business lacks the employees who can act accordingly, it is missing out big time.
Corra caters to a lot of smaller businesses. We conduct a full array of preemployment screening searches to assist our small business clients in determining of their candidates qualify as innovative persons. It is imperative to run background searches to be sure your candidates are who they say they are.
Check them out before you hire.
