Small Businesses are the Engine of the Global Economy
11/27/11 at 11:50 AM by Frank Coker Small businesses generate more than 50% of the GDP and employ about 70% of the workforce (data from Wikipedia). Since the US GDP is about $14.5 trillion and the number 2 global economy is China at $5.9 trillion, you can see that the small business engine in the US is bigger than the GDP of China.
And small business is…
