Idaho's Small Business Landscape
In Idaho, the importance of small businesses is even more pronounced than the national average. Recent data shows:
- Small businesses make up 99.3% of all businesses in Idaho
- They employ 331,035 people, or 55% of the private workforce
- In the past year, small businesses in Idaho added jobs at a faster rate than large businesses
Idaho's strong entrepreneurial culture and business-friendly environment have contributed to this outsized small business impact. The state consistently ranks among the top in the nation for small business job growth and economic outlook.