About what share of new small businesses survive at least two years?
Answer69%
Most new small businesses do make it past their shaky first year or two.
Source: U.S. Small Business Administration (2023) en.wikipedia.org
Business · Facts & sources
Merchant facts & stats
4 sourced facts about merchants and small businesses, each with the context behind the number. 4 more are in today's round and appear here after it closes.
The basics
About how many small businesses are there in the United States?
Answer36.2 million
Small businesses number in the tens of millions, spread across every industry.
Source: U.S. Small Business Administration, Office of Advocacy en.wikipedia.org
Going deeper
Small businesses account for about what share of total U.S. private-sector payroll?
Answer38.7%
Small businesses pay out a substantial chunk of all private-sector wages nationwide.
Source: U.S. Small Business Administration, Office of Advocacy en.wikipedia.org
By year five, about what share of small businesses are still operating?
Answer51%
Survival rates drop off notably between the two-year and five-year marks.
Source: U.S. Small Business Administration (2023) en.wikipedia.org
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