Every large business we know has something important in common: They all started as a small business. They found a need or solved a problem with an innovative product. Let’s look at two small businesses who did what so many small businesses are doing every day: Filling a need or improving people’s lives.
The U.S. Bureau of Labor Statistics says sustained business formation is necessary to maintain economic recovery. In some areas of the country, new companies and new jobs are needed more immediately. For instance, the BLS reports that Ohio currently has an unemployment rate of 11.5 percent.