Small Businesses are a critical part of each and every community across America. They are the Store Fronts and Services that we visit, we tell our friends about and that we support. It’s where we go to find a gift for a special someone. Or pick out the flowers for a wedding. Could be a visit to a tax accountant or a butcher. Regardless of the reason, these are the businesses that keep communities vibrant and growing. These businesses are not just the prototypical definition of small businesses. They are a subset. They are the backbone of our communities – across the U.S. The leaders within our Chambers of Commerce. Our friends, our neighbors.
This subsection of small business has made a strong recovery in the wake of the financial crisis. CAN Capital, one of the leading alternative providers of capital to small business, and PYMNTS.com will measure the state of Store Front Businesses quarterly to assess just how well the 3.4 million business establishments that fit that description are doing. The CAN Capital Store Front Business Index powered by PYMNTS.com, not only measures the vibrancy of these businesses quarterly but the local economies in which they operate.