By the Small Business Administration’s definition, a small business is any business with fewer than 500 employees. In Montana, that might seem laughable; you could employ whole communities and stop short of a fifty-man workforce. But it’s important to note that of the 30.2 million small businesses studied by the administration’s Office of Advocacy, the vast majority of American small businesses are run by fewer than twenty people.
According to the SBA’s 2018 report, the average number of workers per small business in Montana is two. Montana’s 118,315 small businesses make up 99.3 percent of businesses in the state and employ 244,668 Montanans. That’s nearly a quarter-million Montanans working to support the local economy and culture. The Treasure State runs on small business, and the same can be said of every other state in the union.
Small business keeps America’s heart pumping.
Put your money where your heart is.