Published on February 6, 2012 by Scott Shane, Forbes
If you hear about someone founding a company, odds are pretty high they are also starting a small business. That’s because almost all companies are started small.
Census Bureau statistics show how small new companies tend to be. The chart below indicates that, in 2009, only 0.2 percent of new companies with employees met the Small Business Administration’s definition of a large company – 500 employees and up.
The majority of new companies with any employees at all – 55 percent to be exact – had fewer than five employees. And almost 88 percent of new businesses with employees had fewer than 20.