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Recent Reports: MCG Report Reveals Increase in Number of Small Businesses in Arizona

July 12, 2002

Of Arizona's 664,454 businesses, 98 percent qualify as small businesses with fewer than 100 employees, according to a study released by the Arizona Department of Commerce and the Arizona State University's Center for the Advancement of Small Business. The study was conducted by the Masters Consulting Group (MCG), an MBA student organization at ASU's College of Business.

The number of Arizona's small businesses, estimated at 651,317 by the MCG report, includes 281,022 home-based businesses. For comparison, Arizona had 329,031 small firms in 1997, the last year for available U.S. Census data. The 1997 total, however, does not include limited liability partnerships, limited liability companies, not-for-profit corporations, and C corporations.

Number of Businesses in Arizona is organized into six sections and includes a statistical breakdown of businesses by the state's 15 counties. The study is available at: http://www.azcommerce.com/publications/current_release.asp?sID=139