What percentage of all businesses are considered small businesses?

The correct answer to the percentage of all businesses that are considered small businesses is 99%. This figure reflects the significant role small businesses play in the economy, accounting for nearly all U.S. businesses. Small businesses are typically defined as enterprises with fewer than 500 employees, which includes a broad range of industries and contributes significantly to job creation and innovation.

Given the dominance of small businesses in the overall business landscape, understanding this statistic underscores their importance in both local and national economies. This information is crucial for anyone entering the business or mortuary science fields, as it highlights the potential market landscape for entrepreneurs and service providers operating at a smaller scale.

The percentages attributed to the other options, while high, do not capture the full extent of small businesses' prevalence, which is vital for grasping their impact on the economy.