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Social and Behavioral Sciences Commons

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Regional Economics

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Old Dominion University

State of the Commonwealth Reports

2015

Small business

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Full-Text Articles in Social and Behavioral Sciences

Part 6: The Small-Business Story In Virginia: What A Quarter Century Of Data Reveal, Center For Economic Analysis And Policy, Old Dominion University Jan 2015

Part 6: The Small-Business Story In Virginia: What A Quarter Century Of Data Reveal, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Very small businesses in Virginia (those with fewer than 10 employees) have been holding their own, but many have found it difficult to grow beyond this size. Very small businesses now account for smaller proportions of total employment and payrolls in Virginia than was true 25 years ago. However, public policy changes can alter this situation.