5 Surprising Stats About Small Businesses

The Saturday after Thanksgiving has been dubbed, “Small Business Saturday.” The goal is to encourage Americans to do a portion of their Christmas shopping at small businesses on the Saturday between “Black Friday” and “Cyber Monday.”

Well, what is a small business? Small businesses are the backbone of our American economy, and they aren’t “SMALL” at all. You might be surprised at some of the statistics compiled in a recent article by Jason Nazar, Contributor to Forbes:

  1. Over 50% of US workers (120 million individuals) are employed by a small business
  2. A small business is defined as having fewer than 500 employees
  3. There are almost 28 million small businesses in the United States
  4. Small businesses have generated over 65% of the net new jobs since 1995
  5. Approximately 543,000 new small businesses get started each month

Madison Commercial is proud to be a small business. We believe that small business owners are great American heroes. It takes grit, determination, and resilience to operate a small business. There is no “off switch” for a small business owner as their business is part of the very fabric of their being.

MadisonComm

Madison Commercial is a apartment brokerage team within a boutique, locally owned real estate firm: Madison & Company Properties. We have 4 offices in Denver. Many of the brokerage firms that we compete with are national firms with dozens of offices in the United States that have well over 500 brokers. Many of our competitors have “Corporate Overviews” on their websites.

How do we compete? We fight! We dig deep in our market! We get knee to knee with our clients to understand their goals as well as their fears.

As a small business owner, I am passionate about my calling in real estate. I truly love what I do.

Emilie Rusch of The Denver Post reported in an article today that, Small Business Saturday, is celebrating its sixth year nationwide, with record numbers expected to head out and support their favorite locally owned retailers during the first major weekend of the holiday shopping season.”

I love running a small business and love supporting other small businesses. “Small” should not be looked at as a derogatory term. I would encourage you to think as my friend, Bo Menkiti, does: “Think BIG. Act SMALL.”

~Kyle Malnati
Madison & Company Properties
Madison Commercial Properties
1221 South Clarkson Street, #400, Denver, CO 80210

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