This is an in-depth look at all the must-know facts about Small Business Month (2024) 🗓️ that no one tells you about. Small Business Month is observed on May 1st.
Among the information you’ll find below: the history of Small Business Month, activities to do on and how to observe this holiday, as well as amusing facts you might want to know about Small Business Month.
📅 What day is Small Business Month 2024?
In 2024, Small Business Month is on Monday, May 1st. It is the 1st Monday in May; in 2024, it is Wednesday. There are until the next observance. You also can see all the cool details and facts about May 1, 2023, that you might not be aware of.
Small Business Month occurs every May and is a month-long observance dedicated to recognizing and appreciating small businesses. It celebrates their bravery, contributions to the community, and tireless efforts. It’s important to note that small businesses play a crucial role in the American economy. In fact, the U.S. Small Business Administration’s research from 2020 reveals that there are 31.7 million small enterprises in the United States. These unsung heroes are the backbone of the American Dream, as they provide the foundation for the country’s economy.
📜 Small Business Month History
Originally, the celebration was only a week long, but the city of Charlotte decided to extend it to a month instead. Mayor Vi Lyes officially declared May as “Small Business Month” on behalf of the City of Charlotte and its small business assistance partners. This festival aims to celebrate the entrepreneurial spirit of our community and show gratitude to the small businesses and entrepreneurs who greatly contribute to the economy.
During Small Business Month, small business owners and supporters come together to celebrate their local entrepreneurial ecosystem. This includes award ceremonies, seminars, networking events, trade exhibits, and other activities. These events bring entrepreneurs and aspiring entrepreneurs from across the country together through conferences, workshops, luncheons, and trade fairs. Our role is to stand beside them and offer our support.
Small business owners are currently facing tough competition from large enterprises in order to survive. Small Business Month, which highlights and showcases small businesses for 31 days, will serve as a great morale booster. So, let’s lend a helping hand to small businesses and contribute to the growth of the economy!
✅ Small Business Month Facts
🔖 They provide a lot of jobs
Small companies generate 1.5 million job opportunities annually.
🔖 A one-man army
Approximately 70% of small businesses are owned and managed by one person.
🔖 The numbers don’t lie
In the United States, nearly all businesses, approximately 99.9%, are made up of small companies.
👍 Why Is Small Business Month Important
Small Business Month is a much-needed holiday that raises awareness of the value and necessity of small companies. We aid millions of hardworking individuals by commemorating this day.
Small Business Month encourages individuals to spend more money and engage with small companies. This creates fresh chances and channels of optimism for all those concerned.
Many entrepreneurs created their own enterprises in the last few years, which has been beneficial to small businesses. This Small Business Month will provide a significant boost to the owners.
🙂 How To Observe Small Business Month
⚡ Share your story
If you have started your own business, don’t keep your journey a secret. Share your story with other aspiring entrepreneurs to support and guide them towards success in their own lives.
⚡ Say thanks
To honor Small Business Month, the best approach is to bring attention to and show appreciation for small businesses. Take a moment to acknowledge and express your gratitude towards them.
⚡ Invest and partner
Supporting and aiding small businesses is a highly impactful way to contribute to their success. If you already run a small business, you can even join forces with them and work together.
📅 When is Small Business Month?
| YEAR | DATE | DAY |
| 2024 | May 1 | Wednesday |
| 2025 | May 1 | Thursday |
| 2026 | May 1 | Friday |
| 2027 | May 1 | Saturday |
| 2028 | May 1 | Monday |
Discover all 🔗 May holidays, including 🔗 Special Interest and other 🔗 Appreciation holidays.
We will continue to update this page with new information and fun facts about Small Business Month. So be sure to check back soon.