We live in some interesting time. There are some good things happening and some bad. One of the good areas is the ability for independent small businesses to work together. One group that is supportive of America’s small business community is Public Square.
Public Square is a movement. A marketplace of small businesses looking for a better opportunity to reach like-minded consumers, business owners and freedom-friendly corporations. A values-based marketplace where freedom thrives.
Why Connect on Public Square
A recent article on Fox News highlights the value of Public Square (visit https://www.foxbusiness.com/markets/conservative-amazon-alternative-publicsq-turn-profit-2024-ceo-says to learn more). But it is even more than having alternatives to some of the largest companies in the world. It is about helping America’s small business owners connect, share, and have a values-based platform to display their products, services, and message. It is great for our country.
Competition is Good
Larger companies may not like the competition, but competition is good for consumers, business owners, and the country. There needs to be various channels of goods and services to make our country stronger. Consolidation of supply chain has had unintended results. We are much stronger when we source local, sell local, and hire local. The small business community is the greatest force in our economy. This must be preserved at all costs.
Small Business Economic Power
According to the U.S. Small Business Association, small businesses of 500 employees or fewer make up 99.9% of all U.S. businesses and 99.7% of firms with paid employees. Of the new jobs created, small businesses accounts for give or take 62% of new jobs. Almost double the number of large companies.
Small business account for at least 45% of all economic activity in the United States. If you include gig workers and non-reporting economics, this number increases to over 50%. Both big corporations and government would collapse without small business.