Issue link: https://viewer.e-digitaledition.com/i/1173720
14 | FALL 2019 T his statistic says it all: 99.9% of all businesses in the U.S. are small businesses, according to the Bureau of Labor Statistics. Yet big businesses still seem to get all the love in this world. It's time that small businesses get the credit they are due. "The data clearly show that small businesses are at the forefront of economic growth," U.S. Small Business Administration's acting Chief Counsel Major L. Clark III, said. "Each of our country's 30.7 million small businesses helps drive job growth and economic development in United States." "Small business plays a huge role in our economy," agreed Laurie McCabe, co-founder of the SMB Group, a market research and analyst company that covers the small business market. "They're really important to our overall economy, and they employ millions. In a really tight labor industry, their numbers are just increasing." Whether you're shopping, looking for a new job or need a service, there are lots of reasons small businesses should be on your radar. They contribute to the GDP (Gross Domestic Product). Not only do small businesses create jobs — these companies added 8.4 million net new jobs between 2000 and 2017 as compared to the 4.4 million created by large businesses — they also contribute to the national and local tax base. Company of One: Why Staying Small Is the Next Big Thing for Business In his latest book, author Paul Jarvis lays out a compelling argument that the American dream has less to do with growing and selling a business, and more to do with being your own boss. He explains why business owners should commit to staying small and gives them the tools to do so successfully. It's all about enjoying life while still keeping cash flowing. – K.B BOOK REVIEW