Small Business Research and Statistics
Small Business Research
Ohio Small Business Healthcare Survey
Report and survey results from a number of statewide health insurance advocates and stakeholders (small business network on health care, AARP, Ohio Small Business Council, UCAHN Ohio) as well as an organization called Small Business Majority. COSE was a co-funder and we were actively involved with the survey and the reporting of the results. This report provides information about the view of small businesses on a variety of health reform strategies that are being discussed both at the state and national level.
Click Here to View Survey Results
Small Business Statistics
How powerful is the small business community? Just to give you an idea of the impact that small businesses have, take a look at some of these facts.
COSE Small Business Statistics
Did you know that Small Businesses in the U.S:
- Represent 99.7 percent of all employers.
- Employ half of all private sector employees.
- Pay 45 percent of total U.S. private payroll.
- Generate 60 to 80 percent of net new jobs annually.
- Create more than 50 percent of non-farm private gross domestic product (GDP).
- Supplied 23 percent of the total value of federal prime contracts in FY 2004.
- Produce 13 to 14 times more patents per employee than large patenting firms. These patents are twice as likely as large firm patents to be among the one percent most cited.
- Are employers of 41 percent of high tech workers (such as scientists, engineers, and computer workers).
- Are 53 percent home-based and 3 percent franchises.
- Made up 97 percent of all identified exporters and produced 26 percent of the known export value in FY 2002.
Source: U.S. Small Business Administration