WHY ARE SMALL
AND MEDIUM-SIZED BUSINESSES IMPORTANT?
According to national statistics,
nearly 97% of all businesses in the US economy employ
fewer than 250 people, nearly 96% employ fewer than
50 people!
These figures clearly illustrate
the importance of caring for small businesses rather
than aiming initiatives at larger companies who can
already afford to buy expertise and have a full board
of professional directors who are available to provide
specialist advice and assistance anytime it is needed.
Owners of small businesses
do not have this caliber of support and are expected
to know everything, keep up with everything, and do
everything themselves. Clearly a very unsatisfactory
situation especially as in most cases they cannot
be expected to “know what they don’t know.”