What you need to know about small business in America including the latest data on job creation, business starts, and more.
Small Business Challenges Just 55% of small businesses survive past their fifth year in business. With 20% of small businesses failing within their first year and 45% failing by their fifth year in business, the success rate for small businesses isn’t the best. In fact, labor statistics est...
Small-business lending statistics $27.5 billion in SBA 7(a) loans were provided to small businesses In fiscal year 2023, the SBA provided $27.5 billion through more than 57,300 7(a) loans to small businesses. Nearly 70% of those were loans of $350,000 or less, the SBA reports. 50%...
Key small business statistics The number of small businesses in the US reached 34.8 million in 2024, marking a 4.5% annual increase. Small businesses make up 99.9% of all US businesses. Out of the total small businesses, approximately 28.5 million (81.9%) are non-employer firms. Small busin...
Key Small Business Statistics for 2025 – Editor’s Choice According to the Small Business Administration, it takes an average of $30,000 to start a business. There are more than 34.8 million small businesses active across the United States in 2025. It takes only four days to open a small...
The site is easy to maneuver and the data is in a format that can go right into a report or presentation. Marlene Greenfield Vice President, Hearst Magazines Statistics on " Bank loans in the United States " Overview Interest rates Mortgages Personal, student, and car loans Business loans ...
Small business growth statistics There are 33.3 million small businesses in the US (SBA 2023 Small Business Profile, SBE Council) According to the SBA, there are 33.3 million small businesses in the United States, representing 99.9% of all U.S. businesses. While these numbers highlight the imp...
Keeping on top of the latest trends can help small business owners make informed decisions, increase productivity, understand their customers and grow sustainably. This compilation of business statistics provides an overview of the state of small business in 2025. Entrepreneurship The entrepreneurial lands...
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