South Carolina small businesses drive jobs, growth (opens original article in a new tab)

Small businesses in South Carolina contribute significantly to job growth and economic activity, despite challenges like access to capital and healthcare costs. They face competition and financial strains but remain resilient and vital to the state's economy.

• Small businesses make up 99% of all businesses in South Carolina and contributed 25,358 net new jobs between March 2023 and March 2024.
• Challenges include access to capital, rising costs, and healthcare affordability, with some businesses expanding product lines to compete.
• The SBA and local chambers support small businesses, highlighting their resilience and role in the state's economy.