Politicians and the media like to spout what seems to be conventional wisdom that “small business is the engine of the US economy” and that these businesses create the most jobs. But is that so?
One of the criteria describing Collaborative Xceleration’s target market niche is “small companies looking for exponential growth”. So, recently I’ve been doing some research into how many of these companies exist in the U.S., and what their geographic distribution is (this is also input to deciding where we are going live!). As part of that research, I’ve come across some interesting data that addresses the “engine of the economy” statement which I thought I would share with you.