The Impact of Small Businesses on the Economy

99.9% of all businesses in the United States are small businesses, which means they have less than 500 employees. Small businesses pay out 40.3% of the total United States payroll. 18.4% of businesses fail in the first year, small businesses. 49.7% of small business fail in thefirst five years, and 65.5% of businesses have failed by year 10. default rates for dentally related loans are less than 1%. Which is why banks will trip over even you brand new grads with $292,000 in debt,. who bought the mandatory BMW and the golf course house for $450,000.