Discover and read the best of Twitter Threads about #SmallBusinessRelief

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How Donald Trump rebuilt America's economy after it was destroyed by the China Virus πŸ‡ΊπŸ‡ΈπŸ’ͺ

πŸ‘‡ Image
1/ Securing $3.4 trillion in relief, the largest aid package ever. Our economy needed a lifeline, and President Trump delivered.
With this historic aid package, he provided crucial support to businesses, workers, and families who were affected by the devastating impact of the China Virus. #EconomicRecovery #StrongerTogether
Read 22 tweets
There are 30.7M small businesses in the U.S. which account for 99.9% of all U.S. businesses (SBA, 2019)

SBA defines a #SmallBusiness as a firm having fewer than 500 employees.
This means that many highly valued startups in the U.S fit within this definition of small businesses. Image
The definition of a #SmallBusiness varies across the world.

For comparison, in the European Union any business that has fewer than 50 employees is considered a small business.

In Australia, companies with fewer than 15 employees are considered small businesses.
#SmallBusiness stats show that most businesses in America have fewer than 500 employees.

Those businesses with fewer than 100 employees account for 98.2% and those w/fewer than 20 employees account for 89%of all businesses in the country.

➑️98.2% have FEWER THAN 100 EMPLOYEES Image
Read 13 tweets

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