50 Small Business Statistics to Know in 2024

January 30, 2024

Paying attention to small business trends and statistics is valuable to anyone who owns or wants to own a small business. The below list of small business statistics provides a high-level overview of the small business landscape in 2024. Why Statistics Are Important to Small BusinessesReviewing small business stats can give you a baseline for strategic planning and decision-making. 50 Small Business StatisticsThe below list of statistics includes the most up-to-date information about small businesses from sources like the U.S. Small Business Administration (SBA), the U.S. Chamber of Commerce, and moreGeneral Small Businesses Statistics1. A small business is generally defined as a small enterprise with less than 1,500 employees (SBA, 2023)5.

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