Utah Epitomizes the Big Power of Small Business
Utah’s economy is one of the best in the nation. The state ranks number one in the United States for job growth and enjoys consistently low unemployment. Small business is at the heart of this success with over 277,000 small businesses making up 99 percent of Utah companies and 57 percent of total employees.
You may ask yourself, as a visiting Chinese diplomat asked me, “How did a state I’ve never heard of become the fastest growing economy in the United States of America?” I'll share with you what I shared with him, four elements that are fundamental to Utah’s thriving small-business ecosystem.
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