Everyone agrees on a broad level that small businesses are vital to the American economy. Most people would be in shock if they new how important the small business was. Looking through the small business records people would be shocked how important the small business is. Checking out the small business ideas you will want to keep these statistics in mind when you search for your opportunity..

The first thing that pops in mind with a small business that it is usually so small that its just family members who work there.. The Small Business Administration defines a small business as an independently business with less than 500 employees. Over 23 million businesses in our great country meet this classification. These businesses are one of the major employment sources for the United States. Those cubicle workers who were recently released from their jobs should see how much their CEO valued them.

Did you know that the small business sector account for the majority of the hiring? The small business sector creates anywhere from 60 to 80 percent of the new jobs it is amazing how much our economy depends on the small business person. Do you think Obama should be looking at this figure instead of providing stimulus money to the rich making them richer?

Small companies are like little jet boats they can move quicker than the big ocean liners and can change direction on a moments notice.

The Small Business Administration also offers some interesting observations on small business survival. Two-thirds of small businesses survive for at least two years declining to 44% after four years. Owner's education level and access to capital can be big factors in the survival rate of a small business. However, a lesser known factor in small business survival is that the business is large enough to have employees.

The sad thing is the reasons people fail is some of the same reasons people never try to start a home based business. Health insurance can be another big stumbling block because of cost, pre existing conditions and lack of good coverage for the small business owner.

When looking through the small business ideas try to keep these things in mind. Don't settle there are lots of great opportunity's and you won't have to worry about the above problems. Great leadership and support are a must when picking which opportunity to go with. Low start up cost opportunities do exist but keep in mind nothing is free so there will be costs, you will want tools to make yourself more efficient.