It is not easy to be a small business owner. If the economy is good then owning a small business is good, however, if the economy is bad then owning a small business isn’t the best thing. Small businesses contribute to our economy. Small businesses are considered to be more innovative to our economy. They have values, solutions, and are finding new ways to meet the needs of consumers. A small business is not determined by the number of employees it has or by how long it has existed, it is determined by its place in the economy. Small businesses do help with economic growth just like any other larger company could. An American Gov. journalist stated that small businesses produce 13 to 14 times more patents per employee than do large firms as far as terms in economic innovation.
"How Small Businesses Contribute to U.S. Economic Expansion." How Small Businesses Contribute to U.S. Economic Expansion. N.p., 03 Jan. 2006. Web. 09 May 2013.
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