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Small Business is the Backbone of the American Economy

The Small Business Administration has defined a small business as a company with 500 employees or less. From working out their homes to leasing corporate space, the entrepreneurial spirit of small business has become the economic engine of the nation.

It’s estimated there are more than 28 million small businesses in the United States, responsible for half the country’s employment and more than 65 percent of new job creation. Every month, more than 543,000 new start-ups are launched, but the figures are even higher for those who closed their doors. Milestone Coach founder and owner, Caine Nakata, was recently invited to the national news show On the Money News to discuss running business in Hawaii. 

Retirement Planning for Businesses Owners