Small Business Saturday is coming up this Saturday, Nov. 28. The first-ever Small Business Saturday took place in 2010 and has been occurring the Saturday after Thanksgiving ever since. It’s a great way to support local businesses and boost the economy while finding the perfect gift for family and friends.
Small businesses are a big part of what make Tennessee a great place to work and live. They also contribute immensely to Tennessee’s outstanding workforce. There are over 142,428 small businesses in Tennessee employing fewer than 100 employees and 470,330 non-employer firms. 53.3% of the private sector working population works in a small business with fewer than 100 employees and out of that percentage, 23.5% of the private sector working population works in a business with fewer than 20 employees. Tennessee prides itself in having a strong entrepreneurial climate and small businesses are part of how the entrepreneurial ecosystem in Tennessee succeeds.
Shopping on Small Business Saturday will be a way to jump-start the holiday season. Make sure to take advantage of this awesome day! For updates on Small Business Saturday, follow SBA on social media and use the hashtags #ShopSmall, #SmallBizSaturday and #DineSmall. To find businesses in your town that are participating in Small Business Saturday, visit americaexpress.com/shopsmall.
Souces: U.S. Census Bureau and U.S. Bureau of Labor Statistics