Frequently Asked Questions

  ADA/508 friendly site



FAQ

Survey of Business Owners: Who uses the Survey of Business Owners data?

Government program officials, industry organization leaders, economic and social analysts, and business entrepreneurs routinely use the SBO statistics.  Examples of data use include those by:
  • The Small Business Administration (SBA) and the Minority Business Development Agency (MBDA) to assess business assistance needs and allocate available program resources.

  • Local government commissions on small and disadvantaged businesses to establish and evaluate contract procurement practices.

  • Federal, state, and local government agencies as a framework for planning, directing, and assessing programs that promote the activities of disadvantaged groups.

  • A national women-owned business trade association to assess women-owned businesses by industry and area and to educate other industry associations, corporations, and government entities.

  • Consultants and researchers to analyze long-term economic and demographic shifts, and differences in ownership and performance among geographic areas.

  • Individual business owners to analyze their operations in comparison to similar firms, compute their market share, and assess their growth and future prospects.


(FAQ1057)

Was this answer helpful?