This past Saturday was Small Business Saturday, which was started by American Express in 2010 to help give local retailers a boost during the recession. Sandwiched between Black Friday and Cyber Monday, Small Business Saturday is a reminder that small businesses are the backbone of our economy. According to the U.S. Small Business Administration, the country's 28 million small businesses – defined as having fewer than 500 employees – create two out of every three net new private sector jobs. Half of working Americans – some 120 million individuals – either own or work for a small business.
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