34.8 million
small businesses in the United States
The U.S. Small Business Administration reports that small businesses make up 99.9% of all U.S. businesses.
Source: U.S. Small Business Administration, 2024 Small Business ProfileSmall business reference
A source-backed snapshot of the U.S. small-business landscape for owners, writers, and advisors who need reliable context for financial organization.
Last updated October 22, 2026
Most small businesses are owner-led, and many are run without employees. Clear, current books give owners a dependable view of income, expenses, and cash flow while making tax preparation and business decisions less stressful.
Every figure below links to the original public source. The data is national in scope, so it is best used as context, not as a prediction for any individual business.
Key figures
34.8 million
The U.S. Small Business Administration reports that small businesses make up 99.9% of all U.S. businesses.
Source: U.S. Small Business Administration, 2024 Small Business Profile81.9%
That equals 28,477,518 nonemployer firms, a reminder that many owners carry the financial administration themselves.
Source: U.S. Small Business Administration, Frequently Asked Questions About Small Business, July 202459.0 million
Small-business employees represented 45.9% of all U.S. employees in the 2024 Small Business Profile.
Source: U.S. Small Business Administration, 2024 Small Business Profile1.2 million
Between March 2022 and March 2023, small businesses accounted for 1.2 million of the 1.3 million U.S. establishment openings reported in the profile.
Source: U.S. Small Business Administration, 2024 Small Business Profile, using Bureau of Labor Statistics data946,311
The same March 2022 to March 2023 period recorded 946,311 small-business closings, alongside 1.1 million U.S. establishment closings overall.
Source: U.S. Small Business Administration, 2024 Small Business Profile, using Bureau of Labor Statistics data34.7%
The Bureau of Labor Statistics found this rate in March 2023. It describes establishments, not every type of business, and survival differs by industry.
Source: U.S. Bureau of Labor Statistics, January 2024Methodology and sources
This page uses primary U.S. government sources. “Small business” and “establishment” are not interchangeable terms, so the wording beside each number preserves the source’s definition. Figures are kept as published rather than recalculated.
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