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Over a million people have liked Small Business Saturday's Facebook Page

Did you camp out in front of a big box store anticipating early morning Black Friday deals? All over the country, thousands of people did. There was a report of people getting into fights at a food court at 2:30am. If fighting early morning crowds is your cup of tea, I hope you found the bargain you were looking for. I persisted in sawing logs at least until the sun rose.

This Saturday (November 27), you have a chance to find shopping deals, get to know merchants in your community that you may not have known about, and support your local economy. Small Business Saturday was created to highlight and support those small businesses, who are often fighting to keep the lights turned on one more day.

Over a million people have “liked” the Facebook page for the first ever Small Business Saturday. American Express is giving a $25 statement credit for shopping at a participating small business this Saturday.

There’s a lot of talk about big corporations, but did you know that small businesses…..

Represent 99.7 percent of all employer firms.
• Employ half of all private sector employees.
• Pay 44 percent of total U.S. private payroll.
• Generated 65 percent of net new jobs over the past 17 years.
• Create more than half of the nonfarm private GDP.
• Hire 43 percent of high tech workers ( scientists, engineers, computer programmers, and others).
• Are 52 percent home-based and 2 percent franchises.
• Made up 97.5 percent of all identified exporters and produced 31 percent of export value in FY 2008.
• Produce 13 times more patents per employee than large patenting firms?

Source: U.S. Dept. of Commerce, Census Bureau and Intl. Trade Admin.; Advocacy-funded research by Kathryn Kobe, 2007 (www.sba.gov/advo/research/rs299.pdf) and CHI Research, 2003 (www.sba.gov/advo/research/rs225.pdf);U.S. Dept. of Labor, Bureau of Labor Statistics.

Whether it’s a gift shop in Tennessee, a wine store in Ohio, or a restaurant in California, show your local businesses some love on Small Business Saturday!

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