Day 98: National Mom and Pop Business Owners Day

National Mom and Pop Business Owners Day celebrates small business owners. These individuals spend countless hours nurturing and growing their young enterprises. The workload demands, and lack of a hired staff, often translates into long and late hours, and many missed family and personal events. But, all in all, they love what they do. After all, they are their own boss.

New businesses have always been a vital, yet not fully appreciated, part of the U.S. economy. On they retail side, they bring different and unique products to the marketplace. They provide stellar and personal service support. When you call, you are more likely to get a real, live person. And unlike big national chains, they know their products. They are outstanding performers in niche markets. In manufacturing, they create many new concepts and ideas, making them creators of new products.

In today’s business parlance, “mom and pop shops” are often called “microbusinesses” (if they have 5 or fewer employees). In 2007, there were 21.7 million microbusinesses without any employees at all, according to the Small Business Administration, and many millions more microbusinesses with employees.

Celebrate National Mom and Pop Business Owners Day by showing your support. Shop their stores today, and everyday.

The Council for Economic Education envisions a world in which people are empowered through economic and financial literacy to make informed and responsible choices throughout their lives as consumers, savers, investors, workers, citizens, and participants in our global economy.

The mission of the Council for Economic Education is two-fold: To advocate for better and greater school-based economic and personal finance education at the K-12 level; and to educate young people in the United States and around the world, primarily through well-prepared teachers, so they may become empowered with economic and financial literacy.

The Council for Economic Education offers comprehensive, best-in-class K-12 economic and personal finance education programs, including the basics of entrepreneurship, consisting of teaching resources across the curriculum, professional development for teachers, and nationally-normed assessment instruments.

Donation: $5

To support The Council for Economic Education, please visit:  http://www.councilforeconed.org