The value of small business is irrefutable.
by David Kennard
Across the nation 27 million small businesses—those with 20 employees or less—are responsible for more than $6 trillion in revenue annually.
Generating more than half of the country’s gross domestic product, small businesses make up 90 percent of all the firms in the country and the creation of 97 percent of net new jobs, according to the U.S. Census Bureau.
Beyond creating jobs, small business owners build dreams and bring new ideas to the marketplace.
Those dreams and ideas are the things that not only bring satisfaction to individual business owners, but also pump money into our local economy.
Small business owners are the ultimate risk takers. They are willing to put their money, and usually the money of local investors, on the line with hopes that their ideas will be shared by others.
Inside this edition you’ll get a feel for the kinds of individuals who have seen success here in Utah.
One owner, Bill Quick, president and CEO of Frogzog, took what he learned from his corporate background to launch a company that is putting money into the pockets of local shoppers.
Beyond introducing a successful service in the marketplace, Quick based his goals on sound principles of business, hard work and integrity.
Quick’s story is common among Utah’s small business community, but if you asked him to outline his rise to success you could take enough notes to write a book.
A lot goes into launching a business. And that’s how Utah Small Business can help.
Inside this edition you’ll find a planning guide that will get you thinking and then started. Also inside is a helpful resource guide that will take you to the experts who can give you the valuable information you need to get your business off the ground and established.
As you work through the process of making your small business thrive, take a look at what those who have gone before have experienced. Look at the How To stories from small business owners like yourself. There is value in learning from the experience of others.
Then realize that the value you bring to your business is value that is shared by the business community here in Utah and around the country.
David Kennard
Executive Editor