SOURCE: The Entrepreneur's Source

May 05, 2011 18:08 ET

Celebrating the Small Business Owner

The Entrepreneur's Source Urges Residents to Renew Their Commitment to Their Local Business Community

SOUTHBURY, CT--(Marketwire - May 5, 2011) - It seems there is a "holiday" for everything, and some may be a stretch to even call them a "holiday." However, according to business coaches with The Entrepreneur's Source, there is one worth acknowledging: National Small Business Week, celebrated the week of May 16th - 20th. It's this week where we honor the spirit of the entrepreneur.

"This country owes a lot to the ingenuity of the small business owners," says Brian Miller, COO and president of The Entrepreneur's Source. "Entrepreneurs create new businesses and are primary engines for job creation and poverty reduction. They also are responsible for the commercial introduction of many new products and services, and for opening new markets," Miller added.

As President Obama recently stated, "Nurturing entrepreneurship is about helping individuals take a chance on a dream -- taking an idea that starts around a kitchen table or in a garage, and turning it into a new business and even a new industry that can change the world."

According to a survey taken by The Kaufman Foundation on what motivates an individual to become an entrepreneur, "The primary motivation cited was to 'build wealth,' along with the desire to own a company, work for one's self, and capitalize on an untapped business idea. And women are becoming an increasingly important part of the small business picture. In April of 2011, the U.S. Census Bureau released the following statistics on woman-owned businesses. Women owned 7.8 million nonfarm U.S. businesses in 2007, an increase of 20.1 percent from 2002. In 2007, women-owned firms accounted for 28.7 percent of all nonfarm businesses in the United States, 6.4 percent of total employment and 4.0 percent of total receipts.

"Business owners have figured out the way to become more self-sufficient and take control of their future," said Miller. "The traditional job market no longer offers the security individuals and families need to live well. Taking control of your own life through becoming self-sufficient is the new way to reach the American dream of living with long-term financial freedom."

During National Small Business Week, The Entrepreneur's Source suggests that consumers remember to support local business and acknowledge their efforts to bring goods and services to the community.

For more information on franchise opportunities and business coaching support, please visit http://www.entrepreneurssource.com/

About The Entrepreneur's Source (E-Source)
The Entrepreneur's Source is North America's leading career and Business Coaching Company dedicated to the entrepreneur with more than 230 offices in the United States and Canada. With its unique E-Source Coach Advantage, E-Source offers a full range of services to individuals seeking alternate career options and to franchise businesses looking to increase performance. Today, E-Source dominates the $1.5 billion dollar Business Coaching/Consulting franchise market in North America. Additional news about E-Source, and other FSBI international brands, can be found on http://www.FranchiseNewsRoom.com.