CA Small Business Facts

Small businesses are the backbone of our economy and our communities. They create nearly half of the state’s jobs and keep our Main Streets vibrant. That’s why CalOSBA’s motto is: Supporting Small Strengthens Us All!

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4.1 small businesses in california
98% of CA small businesses have fewer than 20 employees
jobs created by california small businesses: 7.5 million total jobs. 47% of private sector jobs. 2/3 net new jobs.
49% is the share of all california small businesses that are diverse-owned: 24.3% Hispanic. 22.5% American. 6.3% Black. 1.4% Native American
CA has more small businesses than any other state in the US. Small businesses export $69 billion annually making up 42% of all CA exports. CA is top state in the country for manufacturing businesses and jobs. CA has the lowest first-year business failure rate in the country.
Helping small businesses grow is good business for california. If 10% of diverse small businesses were scale to 5 employees, then approximately 660,000 jobs would be created. If 50% were to get to 5 employees, then around 3.3 million jobs would be added.
4 of 10 CA small businesses are women-owned
4% of CA small businesses are veteran-owned
CA small business jobs by sector: 14.7% accommodation/food services. 13.2% Health Care/Social Assistance. 10.3% Professional/Sci/Tech. 9.2% Construction. 7.9% Retail. 7.7% Manufacturing. 37% All other sectors

California Office of the Small Business Advocate
1325 J Street, Suite 1800
Sacramento, CA 95814
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