Posted by Kim Runyen on May 4th, 2016 in Small Business News & Advice
TriNet works with more than 12,000 small to midsize business (SMB) clients around the nation. Because of this, we have a front-row seat to the amazing impact SMBs have and how their work touches all our lives in numerous ways. Allow us to give you four reasons why we stand in awe of our clients and other small businesses and why we celebrate small businesses – not just this week but every day.
1) Small businesses are changing the world
TriNet clients come from all walks of life and a broad range of industries. What they all have in common is that they are constantly doing the work of improving our lives. As you read this, our life sciences clients are researching cures for cancer, AIDS and rare diseases, revolutionizing prostheses, and making it possible for those born with congenital defects to have longer, healthier lives. Our not-for-profit clients are working to bring vital services to the less fortunate and fighting to help makes lives around the planet better. Our technology clients are reinventing the way we work and play. And our hospitality clients are doing wonderful things to enrich our lives. Watching all these amazing businesses in action, one thing is clear to us: small businesses are where innovation begins.
2) Small businesses improve the community
According to the U.S. Small Business Administration, there are 28 million small businesses in the U.S., accounting for 54 percent of all sales, 55 percent of all jobs and up to 50 percent of all commercial space. And you know what? This is a trend that is growing and has been for decades – rapidly so.
This means that small businesses are a force to be reckoned with. They have an enormous impact on our national economy. But small businesses also fuel your local community. This is because most small business owners operate very close to where they live. The money you spend with a local business will likely be reinvested in other goods and services right in your town.
3) Small businesses are the next big businesses
What do Apple, Microsoft, Amazon, Disney, Facebook, Google, Mattel, Hewlett-Packard, Harley Davidson, Whole Foods, Walmart and dozens of other household names have in common? For one, you probably interact with their products and services nearly every day. However, they all also came from very humble beginnings – think garages, dorm rooms, parents’ basements and tiny little store fronts. But they worked hard, earned our trust in their respective brands and grew to be the power houses so many of us couldn’t imagine our lives without.
Without small businesses, technology, communication, work, entertainment, shopping, childhood and even our dinner would be radically different than it is today.
4) Small business owners are an inspiration
For every geeky college kid with a crazy invention, every overworked single parent who couldn’t imagine their dream coming true and every person who hates their day job but thinks their business idea is silly, there are numerous crazy inventions, far-fetched dreams and silly ideas that have been parlayed into wildly successful businesses.
The current small business owners who are going out there every day and making it happen are contributing to the nation’s thriving small business culture. When the small business culture is strong, it encourages more and more innovators, inventors, artists, scientists, leaders and risk-takers to make the leap to starting their own business.
Part of the power of small business owners is that they inspire other small business owners to follow their dreams. (tweet this).
That’s why it’s important for current and future small business owners to take advantage of opportunities to connect with other successful business owners. TriNet Inspire is one such opportunity. This free, half-day event is coming to Los Angeles on May 17. If you’re in the area and are looking to learn more about what it takes to succeed, we’d love to meet you there!
This communication is for informational purposes only; it is not legal, tax or accounting advice; and is not an offer to sell, buy or procure insurance.
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