Our team here at Centennial Arts loves small business and, frankly, we believe you should too! Centennial Arts loves working with family owned companies and being a part of their growth and success. Small businesses rightfully deserve their own special week (April 30 – May 6, 2017). While they may be small, they are special and unique to the industry for a variety of reasons. Here’s just a few of the many reasons we love small business!
Small Businesses are Passionate and Hardworking
Small business owners love what they do enough to start their own businesses. While they may have been scared initially, they took the plunge anyway. This takes courage and conviction. Only 8 percent of Americans believe the CEOs of major corporations are highly ethical, but 52 percent who view small business owners as such, according to the Public Affairs Council survey.
Small business owners enjoy doing as much as business as they can with fellow small companies. They often share a unique genuine culture — after all, small business owners generally have a closer connection to their customers and marketplace. There are fewer bureaucratic layers and armies of consultants standing between the owner and customer. Smaller businesses take a vested interested in the needs of their customers, and build strong relationships with their customers and communities.
Small Businesses are Able to Provide a Wide Range of Options
The more options, the better! For example, some small businesses offer breakfast even though they are a burger joint. Other examples include rotisserie chicken when their specialty is Mexican food! These options are great because they are crafted carefully and constantly change. Small businesses have the freedom to try new things, and play around with their products to their customers’ liking. They also take time to ready your reviews on websites such as Yelp, Facebook, Google and Yellow Pages; and then they adjust accordingly to your comments. Small businesses will even take the time to respond to your review. This is beneficial in customer service as it is more personalized, hands-on and noteworthy from smaller businesses.
Small Businesses are the Heart of the American Economy
If you have ever had any doubts about the importance of small businesses to our economy, take a look at the following statistics from the U.S. Small Business Administration (SBA). Small business firms:
- Make up more than 99.7 percent of all employers
- Create more than 50 percent of the non-farm private gross domestic product (GDP)
- Make up 97 percent of exporters and producer 29 percent of all export value
In addition, it is the small business engine that is turning our economy around putting our country back to work. Latest figures from the SBA show that small businesses create 75 percent of new jobs in our economy, creating more than 15 million new jobs between 1993 and 2009. Half of all private sector employees are employed by small businesses. Also, they hire 43 percent of high tech workers (scientists, engineers, computer programmers and others).
Small Businesses Bring Competition, Inventive Ideas and New Creations
Without first starting as a competitive small business, large corporations would not be where they are today. Small businesses dedicate large sums of time, labor and commitment to see their companies flourish into big businesses. Small businesses keep large businesses on their toes. They help create the culture of the community that they are in. Small businesses bring a new vibrancy no one has ever seen before.
These are just a few of the many reasons why our team here at Centennial Arts loves small businesses! Are you a small business looking to expand your customer reach in the online world? Contact us with the link below to get started on your Internet marketing plan today!