Small businesses are the economic engine of America. Did you know that there are more than 28 million registered small businesses in the United States? Cumulatively, SMB’s represent a 99.7% of national employers, and they are responsible for generating over two million new jobs in the United States annually.
Cities and towns know that small businesses are important to job creation. However, the cost of renting business space is accelerating in many areas of the United States, to the extent that it may jeopardize economic growth. Read: “How Rising Commercial Rents Are Threatening Independent Businesses, and What Cities Are Doing About It”. (more…)