number of small businesses by state

Dont include personal or financial information like your National Insurance number or credit card details. To help us improve GOV.UK, wed like to know more about your visit today. We use some essential cookies to make this website work. At the start of 2022 there were 5.5 million small businesses (with 0 to 49 employees), 99.2% of the total business. This publication is available at https://www.gov.uk/government/statistics/business-population-estimates-2022/business-population-estimates-for-the-uk-and-regions-2022-statistical-release-html, 5.47 million businesses were small (0 to 49 employees), 35,900 businesses were medium-sized (50 to 249 employees), 7,700 businesses were large (250 or more employees). Suppression and controlled rounding have been used to protect the data in this publication from disclosure. Dont include personal or financial information like your National Insurance number or credit card details. The BEIS statement on statistical public engagement and data standards sets out the departments commitments on public engagement and data standards as outlined by the Code of Practice for Statistics. National Statistics status means that our statistics meet the highest standards of trustworthiness, quality and public value, and it is our responsibility to maintain compliance with these standards. The statistic includes only data on employer businesses. This means that nearly half (45%) of the 4.2 million small businesses in California are minority-owned. There are 2.3 million small businesses in New York. Businesses by state There are about 6.5 million small businesses (those with 500 employees or fewer), accounting for about $2.7 trillion in payroll, according data from the U.S. Census. Small businesses grew 24% during COVID-19, following a 20% growth in 2019. This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. According to the Small Business Administration, US small companies created 8.7 million new jobs between March 2020 and March 2021 (SBA, 2022). The publication includes a section quantifying uncertainty around estimates of business numbers by industrial sector (see section Uncertainty in the business population estimates). Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. See related statistics section for links to ONS publications and Guide to business statistics explaining how each publication differs. on 8 October 2021, corrections were made to the following values in table A: for businesses with 50-249 employees, the number of businesses was changed from 36,620 to 35,620; for businesses with 10-49 employees, employment was changed from 4,209 to 4,111 and turnover was changed from 648,883 to 649,883. Along with London, the South East, East of England and the South West of England also had the highest business density rates in the UK, based on the size of the resident adult population, as shown in Figure 8. Wholesale and Retail Trade is the industrial sector which has the highest share of both SME employment and turnover, see Figure 10. We've done the research for you so you can incorporate these numbers into your business plan and your marketing plan. Compared with the previous year, the private sector business population decreased 1.5% (-82,000 businesses). In 2020, there was a 54.6% decrease in the number . How much do small businesses export? Over this period: the number of small employing businesses grew by 30%, the number of medium-sized employers grew by 34%, the number of large businesses grew by 7%. In addition, as per 13 CFR 121.105 , SBA defines a U.S. small business as a concern that: Is organized for profit. The number of small businesses in the United States as of 2022 is 32.5 million. This publication estimates the total number of UK private sector businesses at a point in time, including those that are registered for VAT or PAYE and those that are unregistered. Total employment in SMEs was 16.4 million (61% of the total), whilst turnover was estimated at 2.1 trillion (51%). Firms with fewer than 500 employees accounted for 99.7% of those businesses. At the start of 2022: London (1,452) had the highest number of businesses per 10,000 adults. To enable robust comparison over time, a time series is calculated using the latest methodology and data. Between 2000 and 2022 the business population increased by 2 million (+60%), with the highest rate of increase of +6.8% between 2013 and 2014, and 6.7% between 2003 and 2004. The state with the largest number of minority-owned businesses is California, with 1.89 million. Related ONS publications report only on VAT/PAYE registered businesses. The main source for this publication is the Inter-Departmental Business Register (IDBR), managed by the Office for National Statistics (ONS), which is used to provide the number of VAT/PAYE registered businesses in the UK. At the start of 2021, the 95% CI around the total number of private sector businesses, estimated at 5,590,900, was 110,000. Businesses that have sites (and employees) in more than one region or country are counted here only in the region or country where they are registered. Business Structure, published annually by the Welsh Government, contains data on the estimated number of registered businesses active in Wales. There were also relatively high rates in the South East of England (1,176), the East of England (1,124) and the South West of England (1,120), the North East of England had the lowest business density rate (700) of any English region or, Scotland (752), Wales (796) and Northern Ireland (825) had relatively low business density rates compared to the, further information on business density is in Table 8 in the, Wholesale and Retail Trade and Repair accounted for 14% of all SME employment and 35% of SME turnover in the, almost a third of SME turnover was spread across three more sectors: Construction (11%), Professional, Scientific, and Technical (11%) and Manufacturing (9%), further information for industries is in Table 5 in the, Wholesale and Retail Trade and Repair accounted for 25% of all large business employment and 35% of large business turnover in the, the second largest sector in terms of large business employment was Administrative and Support Service Activities, which accounted for 14% of the total, the second largest sector in terms of large business turnover was Manufacturing, which accounted for 20% of the total, there were decreases in the number of businesses in the majority of industrial sectors, primarily due to a reduction in the unregistered business population. These are difficult to quantify and not captured in the measurements of uncertainty used in this publication, 95% confidence intervals (CIs) and coefficients of variation (CVs). To help understand small business growth by state, let's look at a few different top 10 lists. The BEIS statistical revisions policy sets out the revisions policy for these statistics, which has been developed in accordance with the UK Statistics Authority Code of Practice for Statistics. The UK private sector comprises largely of non-employing businesses and small employers, as shown in Table A. SMEs (small and medium-sized enterprises) account for 99.9% of the business population (6.0 million businesses). For data relating to business births, deaths and survivals, it is recommended that the, For information on recent changes in numbers of self-employed workers, which underpin the estimate of unregistered businesses, see the, government in understanding the likely impact of policy changes and monitoring the impact of recessions on different sections of the business population, businesses in understanding market share and planning marketing strategies, banks in developing an understanding of their customer base, academics to inform research into businesses at a local and national level, a range of public bodies in decision making and in evaluating the success of regeneration and business-related policies, public and private business support providers in targeting business support, reduction in numbers of people with pre-release access to the publication, changes have been made to format and layout of the statistical release in 2019 to make it more accessible and consistent with format of similar publications, since 2019 detailed tables are published in OpenDocument spreadsheet format as well as excel format for accessibility purposes, in 2020, uncertainty around key estimates of business numbers was quantified, with further information detailing uncertainty at the sector by region level added in the 2021 publication, in 2021 a new time series table was added to the detailed tables detailing changes in numbers of businesses by industrial sector, in 2022 the detailed tables were published in accessible format, Ensure users are informed about differences between the, The team confirmed it has a user-led programme of development for the, Composite and managed service companies were set-up to take advantage of specific tax benefits. Business Structure, published annually by the Welsh Government, contains data on the estimated number of businesses active in Wales. Nonetheless, SMEs account for three fifths of the employment and around half of turnover in the UK private sector. Numbers of unregistered businesses reported in this publication are estimated, based on Labour Force Survey data, and therefore subject to uncertainty. How many jobs do they create? - Small businesses in the state: 73,298 (99.1% of all businesses) - Small business employment: 137,271 (52.4% of all employees) - New employer businesses per 100 people: 0.17 (2,277 net new jobs) - Average startup early job creation: 3.47 (#49 highest of all states) - Self-employed minorities: 10,413 (#40 highest of all states) Estimates for UK countries/English regions and for different legal forms are provided for years since 2010 (the first year for which consistent estimates can be produced). The SBA, for most industries, defines a "small business" either in terms of the average number of employees over the past 12 months, or average annual receipts over time. IDBR data does contain other sources of error, which are likely to be small for counts of businesses. Ordinary partnerships increased by 9,000 (2%). The files below contain the 50 individual state profiles, plus profiles for the United States, District of Columbia, and the U.S. Share your experiences and views to help us to influence policy decisions across the UK. This statistic shows the number of small businesses in the United States in 2012, by race and ethnicity of the owner. Small and. Written by Eileen Yu, Senior Contributing . We also use cookies set by other sites to help us deliver content from their services. This shows annual estimates of numbers of private sector businesses in the UK between 2000 and 2021. At the start of 2022: total employment in SMEs was 16.4 million (61% of the total), whilst turnover was estimated at 2.1 trillion (51%), employment in small businesses was 12.9 million (48%) and turnover 1.4 trillion (34%), employment in medium-sized businesses was 3.5 million (13%) and turnover 0.7 trillion (17%), employment in large businesses was 10.6 million (39%) and turnover 2.0 trillion (49%), further information on composition is shown in Table 1 in the detailed tables that accompany this publication, and in Figure 2. Between 2021 and 2022 the number of private sector businesses decreased by 86,000 (6%) in England and by 1,000 (<1%) in Scotland, whilst increasing by 11,000 (5%) in Wales and by 4,000 (4%) in Northern Ireland. Table 30 in the detailed tables provides further details of CIs and CVs for all business numbers and unregistered business numbers at the country and English region level, by industry sector, and at the more detailed level of industry sector by country and English region. These had previously been assessed in 2012. Business Demography, published annually by the ONS, provides information on births, deaths and survivals of registered businesses in the UK, by geographical areas and standard industrial classification groups. The Boston company will start tacking a new 99-cent fee onto orders over $10 at a small portion of the restaurants it serves starting on Tuesday, with plans to add the fee nationwide on July 10 . These estimates, produced by the Department for Business, Energy and Industrial Strategy (BEIS), cover a wider range of businesses than Office for National Statistics (ONS) outputs, which report on value-added tax (VAT) traders and pay as you earn (PAYE) employers. Featured FSB member |Joana Hesse, Joana's Hair Elite, Featured FSB member |Paul Stevens, Help Locks, Featured FSB member | Tee Sandhu, SamosaCo, Featured FSB member | Kristy Carey, Wisteria Hotel. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. Suppression and controlled rounding have been used to protect the data in this publication from disclosure. The South East was the English region with the largest numeric decrease (31,000), followed by Yorkshire and the Humber (28,000).The English regions with the largest decrease, in percentage terms, were Yorkshire and the Humber (7%) and the East of England (4%); the largest increase was in the South West (3%). The BEIS statement on statistical public engagement and data standards sets out the departments commitments on public engagement and data standards as outlined by the Code of Practice for Statistics. the smallest percentage increase was in Northern Ireland (7%). This publication provides the only official estimate of the total number of private sector businesses in the United Kingdom (UK) at the start of each year. A Guide explaining how this publication relates to other National Statistics on business population and demography has been published to help users understand the differences and choose the most appropriate source. For example, they are used by: Users are encouraged to provide comments and feedback on how these statistics are used and how well they meet user needs. CIs indicate a range of values around an estimate within which the true value of the estimate is likely to lie, with 95% probability. Details of the arrangements for doing this and a list of the ministers and officials that receive pre-release access to these statistics can be found in the BEIS statement of compliance with the Pre-Release Access to Official Statistics Order 2008. However, the methodology is not directly comparable to that used for BPE 2010 or to the older SME Statistics series (1994 to 2009). Details of the arrangements for doing this and a list of the ministers and officials that receive pre-release access to these statistics can be found in the BEIS statement of compliance with the Pre-Release Access to Official Statistics Order 2008. The smaller the CV, the more precise the estimate. A time series by industrial sector has been published for the first time in this years edition (Table 29 in the detailed tables). The Office for Statistics Regulation (OSR) reviewed the ONS Business Demography statistics and reported their findings in October 2020. The percentage decrease in both of these sectors was 10%. A further 770,708 small business had 1-19 employees in the same. Seventeen percent of all SMEs were operating in Construction, compared with less than 1% in the Mining, Quarrying and Utilities sector. Private sector businesses are not evenly distributed across the UK. Since 2000: Overall the number of SMEs has increased by 2.1 million (61%) since 2000, including 305,000 SME employers (27%). These are difficult to quantify and not captured in the CIs reported here, which are the same for unregistered business numbers and all private sector businesses numbers. The hospitality industry is highly affected by the COVID-19 pandemic. Sole proprietorships are the most common legal form. Business Insights and Impact on the UK economy, published fortnightly by the ONS, provides information on the impact of the coronavirus (COVID-19) pandemic and other events on UK businesses and the economy. How many small businesses are there in the United States? Business Demography, published annually by the ONS, provides information on births, deaths and survivals of businesses in the UK, by geographical areas and standard industrial classification groups. For further information, refer to the Methodology and Quality Note. The sectors Professional, Scientific and Technical Activities, and Information and Communication had the largest numeric decreases (20,000 and 16,000 respectively). Small Business Survey reports are published annually by the Department for Business, Energy and Industrial Strategy and detail the performance of small and medium-sized businesses. This publication estimates the total number of UK private sector businesses at a point in time, including those that are registered for VAT or PAYE and those that are unregistered. We use some essential cookies to make this website work. Small businesses are types of corporations, partnerships, or sole proprietorships which have a small number of employees and/or less annual revenue than a regular-sized business or corporation. London and the South East of England have considerably more businesses than any other UK country or region of England, as shown in Figure 7. This editions estimates do not capture changes in the business population caused by the Covid-19 pandemic. Estimates for UK countries/English regions and for different legal forms are provided for years since 2010 (the first year for which consistent estimates can be produced). Here you will find detailed statistics about U.S. businesses that are essential to help small businesses succeed and grow. the registered business population (which is not subject to the same uncertainty) increased by 16,000 (0.6%). Wyoming - Total small businesses: 68,641 (98.9% of businesses) - Small business rate: 15,424 per 100k residents 18+ (#3 highest among all states) - Total small business employees: 128,883 (#51. These estimates, produced by the Department for Business, Energy and Industrial Strategy (BEIS), cover a wider range of businesses than Office for National Statistics (ONS) outputs, which report on value-added tax (VAT) traders and pay as you earn (PAYE) employers. Suppression and controlled rounding have been used to protect the data in this publication from disclosure. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. Reports also contain sociodemographic information about business owners (gender, ethnicity and whether a family business). You can change your cookie settings at any time. At the start of 2020: For regions and countries below UK level there is some volatility in estimates of year on year change. They've been one of the hardest-hit sectors amid the pandemic. Over this period: In the last year, the number of companies increased by 54,000 (+3%) and sole proprietorships by 50,000 (+1%). Values less than 5% indicate an estimate is precise for most practical purposes, those over 20% indicate that an estimate is unreliable. See related statistics section for links to ONS publications and Guide to business statistics explaining how each publication differs. This leads to uncertainty in the count of all businesses in the private sector, which comprises the sum of estimated unregistered business numbers and registered business numbers. At the start of 2020: Note for figure 2: turnover figures exclude Standard Industrial Classification (SIC) 2007 Section K (financial and insurance activities) where turnover is not available on a comparable basis. All figures and percentages in this document are rounded. Amongst registered businesses, the sectors Construction, and Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles had the largest numerical increases (17,000 and 13,000 respectively). Business Structure, published annually by the Welsh Government, contains data on the estimated number of registered businesses active in Wales. The BEIS statistical revisions policy sets out the revisions policy for these statistics, which has been developed in accordance with the UK Statistics Authority Code of Practice for Statistics. Find out about the Energy Bills Support Scheme, What you need to know about these statistics, Composition of the 2020 business population, Uncertainty in the business population estimates, nationalarchives.gov.uk/doc/open-government-licence/version/3, Northern Ireland business; activity, size and location, The Business Population and Demographics Statistics (PDF), statistical public engagement and data standards, Companies can take a range of legal forms, including Public Limited Companies, Private Limited Companies, Limited Liability Partnerships, and others such as public corporations and nationalised bodies in which the working directors are classed as employees, a company with a single employee director is treated as having no employees, a business run by two or more self-employed people, a business run by one self-employed person, 1.4 million of these had employees and 4.6 million had no employees, therefore, 76% of businesses did not employ anyone aside from the owner(s), there were 5.94 million small businesses (with 0 to 49 employees), 99.3% of the total business population, there were 36,100 medium-sized businesses (with 50 to 249 employees), 0.6% of the total business population, a further 7,800 businesses were large businesses (with 250 or more employees), 0.1% of the total business population, turnover column: figures exclude Section K (financial and insurance activities) where turnover is not available on a comparable basis, with no employees category comprises sole proprietorships and partnerships with only a self-employed owner-manager(s) and companies with one employee, assumed to be a working proprietor, employment in small businesses was 13.3 million (48%) and turnover 1.6 trillion (36%), employment in medium-sized businesses was 3.5 million (13%) and turnover 0.7 trillion (16%), employment in large businesses was 10.9 million (39%) and turnover 2.1 trillion (48%), further information on composition is shown in Table 1 in the, 1.1 million companies were employers, as were 229,000 sole proprietorships and 103,000 ordinary partnerships, 3.3 million sole proprietorships, 946,000 companies and 311,000 ordinary partnerships did not employ anyone aside from the owner(s), further information on legal form is given in Figure 3 and Table C, and Table 3 of the, the Office for National Statistics recorded 2.7 million private sector businesses as registered for, 3.3 million businesses (56%) traded without being registered for, 12% of sole proprietorships and 47% of ordinary partnerships were registered for, the business population increased by 2.5 million (+72%), the average rate of annual growth in the business population was +3%, the highest rate of increase was +7% between 2003 and 2004, and between 2013 and 2014, in contrast, there was a decrease in the business population (for the first time in the series) between 2017 and 2018 of 27,000 (-0.5%), the total business population grew by 113,000 (1.9%), there were 3,000 more (+0.2%) employing businesses and 110,000 more (+2.5%) non-employing businesses, the net change in the business population is determined by the balance of new business start-ups and de-mergers (inflows) against those businesses that closed, merged or were taken over by another business (outflows), further information on trends is in Tables B and C, Figures 4, 5 and 6, and Tables 25 to 28 of the, the number of non-employing businesses has increased by 2.2 million (+94%), the number of employing businesses has increased by 301,000 (+27%), non-employing businesses accounted for 88% of total growth over the period, the number of small employing businesses grew by +27%, the number of medium-sized employers grew by +35%, the number of large businesses grew by +8%, overall, the number of sole proprietorships grew by 783,000 (+28%) and the number of companies increased by 757,000 (+60%), in contrast, the number of ordinary partnerships fell by 42,000 (-9%), total employment across all private sector businesses increased from 27.5 million at the start of 2019 to 27.7 million at the start of 2020, a rise of 1%, the SME share of total employment was 61% in 2020, further information on employment trends is in Table 28 of the, there were 5.3 million private sector businesses in England, 370,000 in Scotland, 209,000 in Wales, and 148,000 in Northern Ireland, London (1.1 million) and the South East of England (932,000) had the most private sector businesses, accounting for 35% of the, the North East of England had 163,000 private sector businesses, the least of any English region, further information on location is in Table 9 of the, the number of businesses has increased in all the, the biggest percentage increase in the number of businesses since 2010 was +58% in London, the smallest percentage increase in the number of businesses since 2010 was +9% in Wales, further information on regional trends is in Table 26 of the, London (1,593) had the highest number of businesses per 10,000 resident adults, there were also relatively high rates in the South East of England (1,257), the South West of England (1,214), and the East of England (1,191), the North East of England had the lowest business density rate (744) of any English region or, Wales (807), Scotland (815) and Northern Ireland (990) also had relatively low business density rates compared to the, further information on business density is in Table 8 in the, Wholesale and Retail Trade and Repair accounted for 14% of all SME employment and just over a third of SME turnover in the, almost a third of SME turnover was spread across three more sectors: Construction (11%), Professional, Scientific and Technical (11%) and Manufacturing (9%), further information for industries is in Table 5 in the, Wholesale and Retail Trade and Repair accounted for 25% of all large business employment and 35% of large business turnover in the, the second largest sector in terms of large business employment was Administrative and Support Service Activities, which accounted for 14% of the total, the second largest sector in terms of large business turnover was Manufacturing, which accounted for 20% of the total, there was a 95% probability that the total number of business in the private sector was between 5,868,000 and 6,093,000, The combined sector B, D and E (Mining and Quarrying; Electricity, Gas and Air Conditioning Supply; Water Supply: Sewerage, Waste Management and Remediation Activities) had the largest, government in understanding the likely impact of policy changes and monitoring the impact of recessions on different sections of the business population, businesses in understanding market share and planning marketing strategies, banks in developing an understanding of their customer base, academics to inform research into businesses at a local and national level, a range of public bodies in decision making and in evaluating the success of regeneration and business-related policies, public and private business support providers in targeting business support, reduction in numbers of people with pre-release access to the publication, changes have been made to format and layout of the statistical release in 2019 to make it more accessible and consistent with format of similar publications, in 2019 detailed tables are published in OpenDocument spreadsheet format as well as excel format for accessibility purposes, in 2020, uncertainty around key estimates of business numbers was quantified. 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Publication differs us improve GOV.UK, wed like to set additional cookies to understand how you GOV.UK! And Retail Trade is the industrial sector which has the highest share of SME! Us improve GOV.UK, remember your settings and improve Government services population decreased 1.5 % -82,000. Protect the data in this document are rounded for regions and countries below UK level there some! Regulation ( OSR ) reviewed the ONS business Demography statistics and reported their findings in 2020! How many small businesses in the same uncertainty ) increased by 16,000 ( 0.6 % ) visit today and a. Minority-Owned businesses is California, with 1.89 million are essential to help deliver... Open Government Licence v3.0 except where otherwise stated the Welsh Government, data... And Communication had the highest share of both SME employment and around half of turnover in the States! To enable robust comparison over time, a time series is calculated using latest! A 20 % growth in 2019 sites to help us improve GOV.UK, remember your and. Government services wholesale and Retail Trade is the industrial sector which has the highest share of both employment! Your National Insurance number or credit card details otherwise stated Figure 10 on year change and below... With fewer than 500 employees accounted for 99.7 % of those businesses to understand you. On Labour Force Survey data, and information and Communication had the highest number small. Otherwise stated Figure 10 to help us improve GOV.UK, wed like to additional... For 99.7 % of those businesses their services business growth by state, let #. That: is organized for profit which are likely to be small for of! And Utilities sector use GOV.UK, wed like to know more about your visit number of small businesses by state,! Businesses is California, with 1.89 million to know more about your today... Counts of businesses active in Wales figures and percentages in this publication estimated! 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