Hello, America? Diversion is Calling!
It is often stated that small business owners are the driving force behind job growth; particularly in developed nations such as the United States: that cooperative economic prosperity is dependent upon the independent-oriented nature of entrepreneurs. As the land of opportunity, what would America be without its free-spirited and always enterprising citizens?
But, would it surprise you to know that this theoretical wisdom, albeit optimistic, is not entirely true?
While it is true that small establishments create more jobs – 67 percent, or 8.1 million, of net new jobs were created by small businesses (with 499 employees or less) since 1995 – and small business employer firms represent 99.7 percent of the American working population, the contribution level of startups however is not more significant nor despairing than large corporations in terms of overall net job growth.