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 According to data collected by the Small Business Administration (www.sba.gov) small businesses:
- Total approximately 23 million in the United States, with roughly 75 percent of the firms having no employees.
- Represent 99.7 percent of all employer firms.
- Employ half of all private sector employees.
- Pay 44.3 percent of the total U.S. private payroll.
- Generate 60 to 80 percent of net new jobs annually.
- Are employers of 39 percent of high tech workers (such as scientists, engineers, and computer workers).
- Made up 97 percent of all identified exporters and produced 29 percent of the known export value in FY 2001.
 Almost one million new businesses are started each year in the United States. Most succeed, many fail. Many of the failures are the simply the result of a lack of business knowledge. Even professionals with advanced degrees maintain that they know their profession but never had the opportunity to obtain knowledge about how to run a business.
Entrepreneurs take risks to start businesses, work tirelessly to fulfill their visions, foresee change and develop new products to take advantage of that change, use innovations in technology or processes or marketing to take them in new directions, and are committed to grow as fast as the marketplace allows.
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