Small Business Owners – Catalysts for Economic Growth
Sponsored by JPMorgan Chase
Almost half of all U.S. employees work for small businesses, defined as companies with fewer than 500 employees, and a staggering 99 percent of all U.S. companies fall under the “small business” designation, according to the Small Business Association.
Entrepreneurship can be a steppingstone to wealth generation. In recent years, however, small business owners have faced many challenges, and that’s particularly true for those in majority Black, Hispanic and Latino communities. Fortunately, data is showing a strong trend toward improvement and normalization.
Articles in the JPMorgan Chase Money Talk series appear as part of a strategic partnership between JPMorgan Chase and The Washington Informer.