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"Small Business Growth: Searching for Stylized Facts" is an Office of Advocacy working paper by Brian Headd and Bruce Kirchhoff.
The authors analyzed data from special tabulations of the U.S. Census Bureau’s Statistics of U.S. Businesses (SUSB) database. The SUSB data provided information on how firms started, grew, merged, declined, survived, and closed from 1992 to 2002. The authors found that growing firms are generally a constant share of the economy with a minor business cycle effect, firms with employment growth outnumber firms with employment decline, and fast growing firms in a given year tend to revert to the mean in later years.
A full copy of this report is available at: http://www.sba.gov/advo/research/rs311tot.pdf, and the research summary can be found at: http://www.sba.gov/advo/research/rs311.pdf. Should you need further information, please feel free to contact Brian Headd at (202) 205-6533 or firstname.lastname@example.org.
The Interactive Guide to Setting up a Business in Virginia is now available from your local Economic Development. This Interactive Guide takes the user through every aspect of starting a small business, step by step. Its the first of its kind in the country, designed to take most of the guesswork out of beginning a small business venture. The CD's were developed by the Community College Workforce Alliance through funding provided by the Greater Richmond Partnership and Goochland County. To receive your free version of the Interactive Guide to Setting up a Business in Virginia contact:
|City of Richmond