Business Organizations - Jobs Business by # of employees EMPLOYEES 1 to 4 6,086,291 5 to 9 6,878,051 10 to 19 8,497,391 20-99 20,684,691 100 to 499 17,547,567 500 to 749 3,681,760 750 to 999 2,617,087 Total 65,995,838 [55%] 1000 to 1499 3,720,654 1550 to 1999 2,653,392 2000 to 2499 2,011,244 2500 to 4999 6,726,611 5000 to 9999 6,773,466 10,000 or more 33,025,346 [27%] Total 62,011,813 [45%] TOTAL 120,604,265 [39%] Population 308,745,438 Of the total population, about 40% work Companies 1000+ produce 45% of these jobs A full 27% of jobs are provided by large companies of 10,000 or more Source: U.S. Census
Comparing Corporations, Partnerships, & Proprietorships BUSINESS TYPES Revenues $$$ 6.1% Partnerships 89.7% Corporations 8.7% Proprietorships Looking at the type of company, less than 20% of businesses are corporations Yet, they account for almost 90% of total revenue (sales) Source: U.S. Census
Comparing Corporations, Partnerships, & Proprietorships CONCLUSION Corporations make-up 1/5 of the businesses in the U.S.A. Provide almost 45% of jobs. Reference “Take-Back Wall Street” movement: Like them or not … corporations are critical to the U.S. economy Revenues $$$ Generate almost 90% Source: U.S. Census
Corporation Structure Stockholders CEO CFO COO CIO Technology Accounting PRESIDENT Or EVP DIVISIONS Managers Workers