Did you know that small businesses in the U.S. are the back bone of our economy?
“There are an estimated 29.2 million small business enterprises in America. As inconspicuous as they may seem, small businesses are vital to bring innovation and drive competition in an economy. They increase national GDP (gross domestic product). Clients now have more trust in small businesses than they do in larger companies. Small businesses have successfully developed a sense of trust and security in people around them. Irrespective of the fact that they do not generate turnovers in millions, small businesses provide sustainability to the economy. They are easy to manage, very flexible and easily adapt to economic changes.” (1)
Andruszko Painting is a local family owned company. As a Residential General Contractor who specializes in painting we strive to support our local, regional, & state communities by using local business services. We also buy locally produced products from our paint suppliers. We understand how crucial it is to support our local economy that is why we also give back through our community involvement promise.
“Why is the U.S. government so concerned about small businesses?
Without millions of small businesses, including home based, the U.S. economy could crash! To encourage business owners to take the risk and own their own business, Congress has passed an incredible amount of good tax laws that save business owners a lot of money. Why?
Jobs = tax revenue!
Small and home-based businesses are the backbone of our economy. Over 70% of all new jobs in the U.S. are created by small businesses. Did you know that approximately 50% of the U.S. GDP rides on the back of small business?
It’s’ not just Microsoft, IBM, General Motors or the other large companies that drive our economy. It’s the millions of average Americans who want more from life and start their own business. 60% of all of the business in the U.S. employ less than 5 people.” (2)