Because of their size, small businesses do not make a significant contribution to society.
Small businesses create more jobs than either medium or large businesses.
One disadvantage of owning your own business is that you must make decisions on issues about which you are not always knowledgeable. Small businesses create more jobs than do big businesses. Small business has been a leader in offering women and minorities the opportunity for economic expression. A small business selling on credit requires a greater capital investment than one selling strictly on cash terms. Small companies will be the primary beneficiaries of the shift from an industrial economy to a service and information economy in the I 990s.