Using strategic business partners to build local business

Using strategic business partners to build local business

Local Business

How can small and big business work together to build strong communities and profits? Small businesses form a vital part of the American economy and market. In December 2015, businesses with under 50 employees created 93,000 jobs in the US, making them an important source of post-recession job growth.

That’s not to say it’s an easy job being a small-scale entrepreneur – Bloomberg found that a staggering 80 percent of people who start businesses fail within the first 18 months. The New Orleans Chamber of Commerce is hoping to defy that trend by partnering with the Entrepreneurs’ Organization (EO) of Louisiana.