Small Business Saturday

Small Business Saturday is celebrated on the first Saturday after Thanksgiving. This is an important holiday for modern society! Small business is often overlooked, with attention being directed towards large shopping centers that have become well-known names. Yet, it all begins with something small – and our job is to support those who follow their dreams!

History

Until the 1880s, all businesses in the United States were small businesses. At the start of American history, there was no other way – as the transportation system was not yet developed enough to facilitate large-scale production. Technologies were dependent on energy from wind, water, etc.

At the end of the 1800s, the situation changed: the population increased, ferries, railways, and steam engines were introduced. Now large industries were able to grow and develop, and prices and wages began to rise. Even at this time, small business was still respected and supported.

In the 1980s, small enterprises showed their importance: companies displaced the relevance of large industries in many areas, and showed greater economic efficiency. Their popularity peaked in 1987, when a large number of new jobs were created. Currently, small business is still moving forward, but has yet to regain all the positions that large-scale industries have taken over the century.

Interesting facts

• In 2011, the US Senate passed an executive order in support of Small Business Saturday. Not a single person voted against.
• Over 90% of US companies are small businesses.
• Studies show that small organizations are more likely to collaborate with various movements and donate 250% more than large ones.

How to take part

• Choose a small store and go shopping. With Black Friday also taking place at this time, it’s easy to find discounted items.
• Spread awareness of the holiday on social media.
• Support people who dream of starting a business.
• Learn about the difficulties small business owners face.

When is Small Business Saturday celebrated in 2023?

Small Business Saturday is observed on the Saturday after Thanksgiving each year.

Observations