National Small Business Day is celebrated on the 10th of May every year. This day is dedicated to recognizing the critical role small businesses play in our economy and communities.
Key Points:
- National Small Business Day is celebrated on May 10th every year. It’s a day to recognize the vital role small businesses play in our communities and the economy.
- National Small Business Week started in 1963, declared by the SBA. National Small Business Day was officially recognized in 1980 by the U.S. Congress.
- There are many ways to celebrate National Small Business Day, including shopping and dining locally, using local services, leaving positive reviews, and following them on social media.
- Small businesses are the backbone of the U.S. economy, employing nearly half of the private workforce and contributing trillions of dollars annually.
Why Do We Celebrate It?
National Small Business Day is a day to appreciate the countless contributions small businesses make to our lives. These businesses are the backbone of our communities, providing unique goods and services, creating jobs, and fostering innovation.
The History of National Small Business Day
National Small Business Week started in 1963, declared by the SBA(Small Business Administration). National Small Business Day was officially recognized in 1980 by the U.S. Congress and falls on May 10th.
National Small Business Day is a day dedicated to recognizing the immense contribution small businesses make to the American economy and the vibrancy of our communities. But how did this day come to be? Let’s delve into its rich history, marked by key milestones:
- 1963: National Small Business Week Takes Root: The Small Business Administration (SBA) played a pivotal role in establishing National Small Business Week. In 1963, they declared the week beginning the second Sunday in May as a time to celebrate small businesses. This recognition highlighted the growing awareness of their impact.
- 1980: National Small Business Day is Officially Recognized: National Small Business Week gained momentum, culminating in a significant step in 1980. The first Saturday in May was officially designated as National Small Business Day by the U.S. Congress. This solidified the importance of dedicating a specific day to honouring these local economic heroes.
How Can We Celebrate National Small Business Day?
There are many ways to show your support for small businesses on National Small Business Day and throughout the year. Here are a few ideas:
- Shop Local:
Make a conscious effort to shop at local stores and restaurants instead of national chains. This is a direct way to inject money back into your community and support the businesses that make it unique. - Dine Local:
Explore the culinary delights offered by local restaurants and cafes. You might discover a new favourite dish or eatery! - Use Local Services:
Consider using the services of local plumbers, electricians, hairdressers, and other professionals. - Leave Positive Reviews:
Spread the word about your favourite small businesses by leaving positive online reviews. This can significantly boost their visibility and attract new customers. - Follow Social Media:
Follow your favourite small businesses on social media to stay updated on their latest offerings, promotions, and events. - Spread the Word:
Encourage your friends and family to join you in supporting small businesses.
7 Fascinating Facts Regarding National Small Business Day
- Small businesses are the majority: There are over 30 million small businesses in the United States, making up about 99.7% of all businesses.
- Job creators: Small businesses employ nearly half of the private workforce in the U.S.
- Local flavour: Small businesses bring character and diversity to our neighbourhoods. They offer unique products and services that you won’t find at big-box stores.
- Innovation hubs: Small businesses are often at the forefront of innovation. They are nimble and adaptable, allowing them to bring new ideas to market quickly.
- Community pillars: Small businesses are often actively involved in their communities. They sponsor local events, donate to charities, and create a sense of place.
- Financial powerhouses: Small businesses contribute trillions of dollars to the U.S. economy each year.
- The American Dream: For many, owning a small business is a way to achieve the American Dream. It allows them to be their boss and pursue their passions.
Looking Ahead: National Small Business Day Dates for the Next 5 Years
Here are the dates for National Small Business Day for the next five years:
- 2024: 10th May Friday
- 2025: 10th May Saturday
- 2026: 10th May Sunday
- 2027: 10th May Monday
- 2028: 10th May Wednesday
Conclusion
National Small Business Day is a day to celebrate the incredible impact small businesses have on our lives. By supporting small businesses, we are investing in the future of our communities. So, the next time you’re looking for a product or service, consider choosing a small business. You’ll be glad you did!
