Our offices are closed today and tomorrow to celebrate Thanksgiving. On this day of gratitude, we want to reflect briefly on the impact of small businesses in our communities.
- Small business create jobs: small businesses make up 99.7% of US employers and are responsible for 63% of all new job growth since 1993.
- Most of us work for a small business: over half of US workers either own or work for a small business.
- We trust them: 86% of Americans report trusting a small business “a great deal” and 30% said they trust a small business more than a big business.
Here in the Bay Area, we know that small businesses create community. Some of OBDC’s clients are gathering places for our communities, like The Octopus Literary Salon and Awaken Cafe in Oakland.
This weekend, tell your neighborhood small businesses how much you appreciate them by doing some of your holiday shopping there. If you don’t have a favorite local business, find one of our borrower map. Share your favorite small businesses on our Facebook page!
Happy Thanksgiving!
