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Small Business in the Aftermath of the Great Recession

Small Business in the Aftermath of the Great Recession. Growth, Business startups/endings, and employment. What’s the difference between big business and small business?. What’s a Small Business?. It depends on who you ask SBA: company with fewer than 500 employees

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Small Business in the Aftermath of the Great Recession

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  1. Small Business in the Aftermath of the Great Recession Growth, Business startups/endings, and employment

  2. What’s the difference between big business and small business?

  3. What’s a Small Business? • It depends on who you ask • SBA: company with fewer than 500 employees • BLS: 250 or fewer employees • Affordable Care Act: 50 or less

  4. Economic Growth: Small Business vs. Big Business

  5. Business Activity: Small vs. Large

  6. Business Startups and Endings

  7. Startups and Endings (Florida)

  8. Employment: Small (<50) vs. Big (>250)

  9. Changes in Employment: Recession vs. Recovery by Firm Size

  10. Self-Employed by Age • Self-employed aged 25 and younger declined by 19% between 2005 and 2010 • Self-employed aged 65 and older rose by 24% • Number of self-employed down by 1 million or 10% since the start of the recession (9.4m now compared to 10.4m prior to recession)

  11. Role of Lending

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