Small Business Stats

Almost 98% of businesses are under 100 employees.

More than 60% of businesses are 1-4 employees. See the chart below from Census.gov

Size (#Employees)

# of Firms

 

Firms with 1 to 4

3,617,764

60.797%

Firms with 5 to 9

1,044,065

17.546%

Firms with 10 to 19

633,141

10.640%

Firms with 20 to 99

526,307

8.845%

Total:

Firms with 1 to 99

5,821,277

97.83%

Firm – A firm is a business organization consisting of one or more domestic establishments in the same state and industry that were specified under common ownership or control. The firm and the establishment are the same for single-establishment firms. For each multi-establishment firm, establishments in the same industry within a state will be counted as one firm- the firm employment and annual payroll are summed from the associated establishments.

Establishment – A single physical location where business is conducted or where services or industrial operations are performed.