What is National Small Business Week?

National Small Business Week is here until May 11th. What does this week mean and what can you do?

According to the U.S. Small Business Administration, National Small Business Week has been running for over 50 years to recognize the contributions of entrepreneurs and small business owners all around the country. This is great, because small businesses are the job creators of our economy. Entrepreneurs and business owners not only create jobs, they drive innovation and build economic wealth in their communities.

How can entrepreneurs take part?

If you are one of the millions of entrepreneurs or small business owners in the country, head over to the SBA's website to learn more how you can get involved. The website provides guides to planning, launching, and growing a business, information about funding programs, a learning center filled with online courses, and more.

How can others support entrepreneurs?

We believe entrepreneurs and small business owners should be supported everyday. If you don't own your own business but would like to take part in National Small Business Week, there are plenty of ways to show your support. You can do things like take some free time to shop at a local business you've never gone to before or attend community events hosted and sponsored by small businesses.

You can also spread the word about how others can be involved to help local entrepreneurs. Create a day to visit a small business and make a purchase. Post on Facebook or LinkedIn to encourage others to patronize a local business and report what you purchased. Announce National Small Business Week at your place of worship and ask how many members there own a small business. Organize your co-workers to go to lunch at a local small business. Or ask your neighborhood school to invite several business owners to come and speak to the students.

Finally, we can all do more to educate ourselves. Only one half of businesses will survive beyond the first five years. Many businesses fail simply because of a lack of locals who are unwilling to visit a store and learn more about what they have to offer. And, contrast to popular belief, a 40-year-old is more likely to start a successful business than the 20-year-old working to become the next Zuckerburg. Small business owners are dedicated people like yourself who want to make a difference in their community.

The more we learn about the role of local entrepreneurs and small businesses, the more we can help business owners and better the community. And, after seeing the passion entrepreneurs bring to their business, you might just find the inspiration to bring your passion to others!