We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

How Many New Businesses are Started in the US Each Year?

Updated: May 16, 2024
Views: 8,070
Share

Almost 7 million new businesses were created in the United States in 2009 — the greatest number of start-ups in almost 15 years. Slightly more than one-third of Americans are self-employed, and the demographic that experienced the most growth in terms of starting businesses was African-Americans.

More facts about businesses:

  • Small, non-farm businesses account for about 99 percent all organizations that employ people in the United States. A small business is considered to be one with fewer than 500 employees.

  • There are almost 30 million small businesses in the U.S., and only 20,000 large ones.

  • Almost 40 percent of businesses fail within the first five years.
Share
Discussion Comments
Share
https://www.smartcapitalmind.com/how-many-new-businesses-are-started-in-the-us-each-year.htm
Copy this link
SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.

SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.