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Between March 2020 and March 2021, 180,829 California establishments opened and 171,061 closed, for a net increase of 9,768. Employment expanded at 206,972 establishments and contracted at 295,970. Small businesses accounted for 115,067 openings and 104,693 closings.
Net small business job change, self–employed minorities, and exporter share statistics are based on 2019 Business Employment Dynamics (BDM), 2018 American Community Survey (ACS), and 2018 International Trade Administration (ITA) data, respectively.
A total of 63,860 identified firms exported goods worth $163.9 billion from California in 2021. Of those exporters, 60,700—or 95.1 percent—were small. Exports by small firms reached $69.1 billion, making up 42.2 percent of exports by identified firms.
Data for California: (Quarterly 2014 - 2023) Charts - Number of Businesses and Number of Employees by Size of Business (Based on Table 1 – Adobe Acrobat format )
How many small businesses are in California? As of 2023, there are 4.25 million small businesses in California. Small businesses represent 99.8% of all businesses in California.
Sep 9, 2020 · California is home to 4.1 million small businesses, representing 99.8 percent of all businesses in the state and employing 7.2 million workers in California, or 48.5 percent of the state’s total workforce. The COVID-19 pandemic has presented a significant challenge to small businesses, employers and employees.
According to recent data, as of 2023, there are 4.15 million small businesses (defined as businesses with fewer than 500 employees) in California, 2.1% less than the previous year. They represent 99.8% of all businesses in California and hire 7.5 million employees.