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Technology has changed the way we do many things in our lives. In the restaurant industry, it's meant more customers reaching for their phone instead of their car keys when looking for a bite to eat. While this may have meant making a phone call in times past,...
WestportWiki / CC BY-SA Burt's Bees tops the list as one of the most recognizable brands in the field of green, clean, and eco-friendly products. The company manufactures a wide variety of personal care products made with natural ingredients. These products hold...
Yogurt sales have been in a slump for several years. For a long time, yogurt was a forerunner in health-food crazes like high protein and probiotic foods, Greek yogurt in particular. But recent years have seen consumers turn to other choices. According to the...
Kraft Heinz shares have been steadily declining since the company reported its fourth-quarter sales in mid-February. The report showed sales fell five percent and failed to hit Wall Street’s forecasts. Although its earnings surpassed what analysts had estimated, its...
Technology has changed the way we do many things in our lives. In the...
WestportWiki / CC BY-SA Burt's Bees tops the list as one of the most...
Yogurt sales have been in a slump for several years. For a long time,...
Kraft Heinz shares have been steadily declining since the company reported its...
Small Businesses In 2019: Growth, Statistics, And More
30.2 million small businesses keep the economy going strong. Small business owners face unique challenges, and long-term success is somewhat unpredictable.
As of 2019, small business trends show that business growth is steady. Thorough planning and knowledge of small business trends can help owners boost their chances of success.
If you’re an aspiring small business owner, you should stay up-to-date on these trends. The compilation of 13 statistics below gives an insight into small business finances, success, failures, and more.
1. Small businesses account for nearly ½ of private-sector employment.
For several years, small businesses have employed about ½ of the U.S. workforce. Reports from the Small Business Administration show that:
- In 2017, small businesses accounted for 47.5% of private-sector employees.
- In 2012, small businesses accounted for 49.2% of private-sector employment.
- In 2014, small businesses employed 48.3% of private-sector employees.
There have been minor fluctuations in this trend based on this data. Despite the small decline, small businesses accounted for the employment of 58.9 million people in 2017.
A Message From Our Editor
This blog has been a long-time obsession of mine. The team at Alabrava strives to bring cream-of-the-crop articles on business, investment, tech, and finance to our readers. Call it a desire to be the best and challenge the status quo, but we want our readers to feel satisfied with our content. No fillers or fluff, just rich and in-depth articles with meaty substance.
That being said, we value original content written by authors who carry unique, edgy, and challenging perspectives on these sectors. Bring your best to the dinner table and you can be sure we’ll make room for you.
Editor in Chief