Narration
Description
Vocal Characteristics
Language
EnglishVoice Age
Middle Aged (35-54)Accents
North American (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
driving through the average city will take you past a variety of stores. You might also drive by many small warehouses and office parks. Taken together, these businesses represent the foundation of the U. S. Economy. Here are some examples Small businesses represent 99.9% of all firms with employees. In fact, less than 19,000 of the over 29 million businesses in America are big businesses such as Ford and Google. The rest are small businesses. Small businesses employ about 1/2 of all private sector employees and generated 63% of net new jobs over the past 20 years. Small businesses employ about 1/2 of all private sector employees and generated 63% of net new jobs over the past 20 years. They hire 37% of high tech workers such as scientists, engineers and computer programmers. They produce 16.5 times more patents per employee than do large patenting firms. Small business spans the gamut from the corner coffee shop to the fledgling Internet startup. The owners of small businesses drill for oil, arrange flowers and sell groceries. They publish magazines, haul freight and make food products. They build new homes in restore old ones. They fix appliances and they drive cabs. They make us well when were ill and keep our pets healthy. Too. Small businesses represent 74% of real estate, rental and leasing industries, 61% of the businesses in the leisure and hospitality services and 86% of the construction industries. Even if you work for the largest corporation, it's likely that corporation buys goods and services from small businesses and sells its goods through small businesses. The influence small business has on our economy in our daily life is everywhere apparent.