Small Business Saturday is almost upon us. Time to get some of your holiday shopping done, and support some of the many small businesses who could use your patronage this holiday season. What is Small Business Saturday? Small Business Saturday will take place this year on November 25th. It's a day to celebrate and support small business. It's also a celebration of all that they do for. and in, their communities. The day was founded by American Express in 2010, and has been officially co-sponsored by the Small Business Association since 2011. It's an event that has been a huge boost for small businesses during the busiest shopping season. What defines a small business? Based on my research, there's a lot that goes into what makes a business a small business. But the simplest term I found what that it's defined by the side of the business (how many employees it has) and/or its annual revenue. Where it gets confusing is that even with these definitions, it depends on the industry. There are different numbers for different industries. Some Small Business facts There are 32.5 million small businesses in the United States alone. Annually, small businesses account for 64% of new jobs every year, and create 1.5 million jobs in the United States. 60% of small business owners start the business to be their own boss. Unfortunately, 50% of small businesses fail in the first five years. The good news is, over 65% of small businesses are profitable. About 64% of small businesses start with $10,000. Across the globe, 90% of all companies are small business, and account for 50% of all jobs. There are 400 million small businesses in the world. Why should you shop small? Small businesses give back more to the community. When you spend money in your community, money stays in your community through sales tax. Small businesses create a sense of community. They create more local jobs and opportunities. Here are some local small businesses that you can support in the Boston area.