Paychex Study Measures Impact Of Small Businesses

You've heard it from every corner: the White House, presidential debates, local chambers of commerce: Small businesses are the backbone, the engine, the glue that holds our whole economy together together. But what actually makes them so vital?

Paychex, a provider of payroll and HR services, broke down the specific contributions that small businesses make to America. Between employing 50 million people and 90 percent donating money to charity, small business is anything but "small."

Check out the other contributions small businesses make to the economy and the community with this infographic.

Small Business, Big Impact. - An infographic by the team at Paychex BuildMyBiz^®

Comments

[corte33]

01:29 PM on 05/10/2012

Why doesn't YELP go into China so people can posts insulting reviews on Chinese restaurants, tailors, and astrologers? YELP is notorious for extorting small businesses. Are they afraid their salesmen will be executed???

[oilfield]

01:22 PM on 05/10/2012

out of 143m american workers, thats a whole lot.

[cyanmanta]

06:21 AM on 05/09/2012

The term "small business" is essentially meaningless. All you have to do is redefine the term "small business" and do the math again; repeat the process until you get the numbers that support your particular political agenda. A McDonald's franchise could technically be classified as a small business, even though nobody would ever think of it as such. I bet if you twisted the meaning just a little further, a Wal-Mart could be called a small business. It's junk economics and junk politics.