By: Staff Reports | Gwinnett Citizen

SBA Office of Advocacy Releases the Georgia Small Business Profile Georgia is home to 950,532 small businesses

Recently the Office of Advocacy, an independent office within the Small Business Administration, released a report entitled Small Business Profiles for the States and Territories, an annual analysis of each state’s small business activities.

In a new and improved format, the profile includes information on the number of firms, employment, demographics and other topics using the most recently available government data.

“Georgia’s small businesses contribute so much to the state’s economy,” said Dr. Winslow Sargeant, Chief Counsel for Advocacy. “Representing 44.4 percent of the state’s private workforce, no one can doubt the significant role small businesses play in our economic landscape. I hope our state and national leaders will continue to recognize the importance of the American entrepreneur and utilize today’s research to move forward constructive policies for America’s financial foundation—our small businesses.”

Some highlights of the profile include:
• Georgia is home to 950,532 small businesses.
• Georgia’s small businesses employ 1,479,081 individuals.
• The three industries with the most small business employment are accommodation & food services, health care & social assistance, and retail trade.
• Small businesses made up 88.8 percent of Georgia’s exporting companies generating 33 percent of the state’s total known export value.

For a detailed report by state, please check out the report here on the Office of Advocacy website. Background: The Small Business State and Territory Profiles report on the economic status of small business from 2010 to 2013. The profiles are a reference tool for researchers, policymakers, and small entities who are interested in how small firms are performing regionally or nationally.

The Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government. The presidentially appointed and Sc advances the views, concerns and interests of small business before Congress, the White House, federal agencies, federal courts and policymakers. Regional advocates and an office in Washington, D.C., support the Chief Counsel’s efforts. For more information, visit http://www.sba.gov/advocacy, call (202) 205-6533 or get updates on Twitter (@AdvocacySBA) or Facebook at https://www.facebook.com/AdvocacySBA.