This week’s writer is Lawrence Miller, Vermont Agency of Commerce and Community Development secretary. Jim Merriam, director of Efficiency Vermont, contributed.
Small businesses are the backbone of the American economy. In Vermont, this holds especially true. Vermont has more than 75,000 small employers, comprising a staggering 96 percent of the companies in the state. With more than 157,000 workers, the small business sector accounts for nearly 60 percent of our state’s total workforce.