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Somerset Alternate Work Site
675 Monticello Street Suite A
Somerset, KY 42501
United States
Phone: (606) 677-1713
Small Business Profiles

Advisory Date: Friday, June 17, 2011
Release Date: Friday, June 17, 2011


The U.S. Small Business Administration’s Office of Advocacy state small business profiles show detail about the makeup of each state’s small businesses and the country as a whole.  Small firms are a critical part of each state’s economy, as they comprise anywhere from 92.7% to 99.2% of a state’s businesses and from 42.8% to 69.3% of each state’s  employment.  In Kentucky, small businesses comprise 96.7% of all businesses and 49.2% of private sector jobs.

These profiles give a snapshot of business ownership, demographics, industry breakout of firms and employment, employment turnover and lending.  Standardized profiles are presented for the U.S. as a whole, the District of Columbia and each of the 50 states.  Limited information is also available for four U.S. territories.

The profiles are at  The Kentucky link is  

In addition to informative one-pagers on all states, including Kentucky, the raw data file is also online, which makes state-by-state comparisons possible.  This year’s profiles also show changes in ownership by women and minorities.  

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