Welcome and Introduction Ed Jay Senior Vice President, Small Merchants American Express.

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Presentation transcript:

Welcome and Introduction Ed Jay Senior Vice President, Small Merchants American Express

Main Street’s Impact on the U.S. Economy 28 million small businesses today SMBs make up ½ of U.S. private GDP 70% owned & operated by a single person Sources: NFIB, Small Business Monitor, SBA Office of Advocacy

Shopping Small is Becoming Big for Businesses Shop Small Map $5.5 billion spent in 2012 on Small Business Saturday 21% YOY increase in transactions

Helping Small Merchants Grow in Challenging Times

Investing in Small Businesses American Express-sponsored LinkedIn group dedicated to small business needs and connecting small merchants Business Knowledge Share The Knowledge Center Online hub of helpful articles and videos created specifically for our small merchants

2013 Business Trends on Main Street

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