Did you know this week is dedicated to small businesses? Yeah, we didn’t either!
After seeing this friendly reminder on my google page it made me wonder… what things make up a small business? At what point do you become a large business? I’d like to take a moment and share with you what I was able to learn in the short amount of time I researched this. And if you stick around to the end I have some other things I will share too!
According to census.gov, a small business can be defined by not only its revenue but its employment as well. A small business can be anywhere between $1 million and $40 million, OR between 100 and 1500 employees. It’s very safe to say many businesses we interact with in our local communities fit into these guidelines. It’s also safe to say that the majority of these businesses do more for the community than the big business and corporations in your community.
Our thoughts
We are very proud to be a small business in the grand scheme of it all, our dedication to our community is something we take very seriously. At times it’s hard to believe that we are still a small business considering where we came from and what we have accomplished over the last 5 years. We have our incredible team to thank for everything. Without the people that put in the hard work for us, we would not be able to be where we are without them. I think the true celebration for small businesses should be to shine a light on the people in the small businesses, and not so much the actual small business itself. Most of us are in the people business!
The Facts
Small businesses play a critical role in the economy, with 99% of all businesses in the US considered to be in the SMB category. Those smaller operators have also been hit the hardest by the pandemic, with fewer resources and support available to withstand the financial hit that came with the various lockdown and other COVID mitigation measures. Google’s blog article says it best:
Every business has a story: how they started, how they persevered, how they’ve adapted over time. Small businesses are where we have our birthday dinners, find the perfect unique gift for the friend who has everything, and take our favorite shirt with a giant stain to be saved (again). No matter where you live, small businesses are central to our lives and they show up for us in countless ways.
Google is Celebrating Small business week by offering some heavy discounts on their products. We have been using Google services for years and it has been the best experience. Google is hosting a giveaway, if you know of any small businesses that are putting in the hard work to be your favorite, you can submit an entry and get some prizes!
