Investing in the Heart of America

World changing technology dominates the national news. From VC’s latest rounds, to multibillion dollar exits. But its America’s small businesses that serves as the heart to the American economy.

To put it into perspective, data from the U.S. Small Business Administration shows that 99.9% of businesses in the U.S. are small businesses. This is partly why we say small businesses are the Heart of America. They employee majority of people in small towns to major cities. They make things, i.e., manufacturing. They fix things, i.e., your local plumbing company. They supply and distribute things, i.e., the paper and packaging supplier and distributor. These are the family owned and founder owned businesses that increase the quality of our everyday life.

Another note is the main ownership demographic of small businesses which are the baby boomer generation. Data shows that out of 33.3 million small businesses, baby boomers own around 13 million. That’s nearly half of the countries small businesses. According to Transamerica Center for Retirement Studies, 10,000 baby boomers will retire everyday for the next 15 years or so, contributing to a major transfer of wealth upwards of $10 trillion just in business assets alone. With this major shift, we feel it is our duty to invest back into the Heart of America where these small business function.

With small businesses being such a significance to the American economy, they receive significantly less in investor capital. We see this as opportunity. Opportunity to invest while doing good. Doing good meaning employing more people, improving the quality of small businesses, streamlining processes and bringing efficiency. Small businesses play an important role in America, and Tenth Street Group plans to continue to invest in the Heart of America.

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To learn more about investing with Tenth Street Group, schedule a call with us.