1. how many employees can a business have to be considered a small business? 2. what percentage of the…

1. how many employees can a business have to be considered a small business? 2. what percentage of the american job market is made up of small businesses? what percentage of us sales are those small businesses accountable for?

1. how many employees can a business have to be considered a small business? 2. what percentage of the american job market is made up of small businesses? what percentage of us sales are those small businesses accountable for?

Answer

Brief Explanations:

  1. The definition of a small - business in terms of employee numbers can vary by industry and country. In the US, for many industries, a business with fewer than 500 employees is often considered small.
  2. Small businesses make up a significant portion of the American job market, often around 47.1% (as of some data). In terms of US sales, they account for a substantial but varying percentage, often around 40 - 50% depending on the time period and data source.

Answer:

  1. In the US, often fewer than 500 employees for many industries.
  2. Approximately 47.1% of the American job market (varies by data source); around 40 - 50% of US sales (varies by data source).