... small- business employees Small businesses employ slightly more than halfof the private-sector workforce; in many ways,such as education, race, origin, age,and part-time status, the small- business ... workforces.4)Defining small business For the purpose of this article, a small business is defined as a firm with fewer than 500 em-ployees in all of the industries or business loca-tions in ... Review April 2000 13 Small- Business EmployeesOne characterization of the U.S. economyis that it begins with the formation of small businesses, some of which thengrow into large businesses, with...