National Small Business Week is dedicated to celebrating enthusiastic entrepreneurs and their achievements as small business owners. It’s held during the first week of May, sometimes including the last days of April, and started in 1963 with President John F. Kennedy calling for the celebration of small businesses. Every year since, there have been functions and conventions held to promote small businesses and help first time owners or start-ups to network and learn the necessary skills.
Here are some things you probably don’t know about small business
As of last year, there were 28.8 million small businesses in the US, making up 99.7% of all US businesses. There were 120 million people working for those small businesses, which was about 50% of the working population. Of those millions, about a third were employed at a business with less than 100 employees. In fact, about 62% of all US businesses have less than five employees.
Most small businesses are nonemployers, meaning they are self-employed and the only person working for that business. As of 2016, 79.1% of all small businesses were nonemployers and only 4.3% of small businesses had more than 10 employees.
We need your support!
We may be a small business, but we’re big at heart! Beadworks has been collectively run since 1987, starting with our store in Norwalk, CT. We’ve been in Fairfield for only six years, but we couldn’t feel more at home. Ever since our opening in 2013, we have been establishing ourselves as the premier purveyor of quality gemstones.
At Beadworks, we interact with and support a lot of nonemployer businesses whenever we can. We help local designers acquire the materials they need to continue making their wares. We support our neighbors, just as they support us, and none of this is possible without you. Instead of going to A.C. Moore for that new sweater you want to knit, visit your local yarn store and chat with the owner. How about, instead of hopping over to Michael’s, you visit a local carpenter and ask them what the best wood is for the dining room in your model house?
Owners have a passion for their small businesses that cannot be replicated in chain stores. We can help you with tricky techniques or puzzling patterns, building friendships and trust, creating a unique experience for you.
We will also talk your ear off about this hilarious story involving glitter, peanut snakes, and a less than happy archer if you let us.
Click here to read more on Norwalk’s small businesses.