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Today is: National Small Business Day
Staff reports
National Small Business Day celebrates small businesses and honors small business owners. It officially was designated by the Small Business Administration and occurs around the same time of year that National Small Business Week takes place, which honors important small businesses around the country.
Technically, over 99% of firms in the United States are small businesses. Not all have 20 employees or less, though, and many are much larger. Still, over half of small businesses are home-based, and about one out of every five firms in the United States is family owned.
About 6.5 million new businesses are started in the United States each year, and about three-fifths of new jobs in the country come from small businesses.