What’s an SMB? Our answer is the growth engine of every community in the USA. One of the official definitions is that SMB is an abbreviation for small and medium-sized or midsized business. Typically a business with 100 or fewer employees is generally considered small, while one with 100-999 employees is considered to be medium-sized.
According the United State Small Business Administration (SBA) there are 28.8 million small businesses in the United States in 2020. SMB’s have 56.8 million employees. Small and midsized businesses account for 90% of all business in the USA. When you look at small business statistics on a state-by-state level, you can see that communities across the nation rely on small businesses for jobs, goods, services, and general economic well-being.
So when’s the last time you heard of a city, county or state government official talking about attracting small businesses to their areas? Never! They’re always trying to attract the big fish like Amazon, Wal Mart, Home Depot etc. to their areas. The irony of that is most of those companies are small business killers!
That’s why we’ve started the Small Business Alliance. We’re here to help you GROW your SMB with DIY and DFY marketing and advertising help because that’s what most small business need to really grow.