Private and Small Companies
Private and small businesses are the backbone of the nation's economy. Without them, many towns and communities would not exist. They provide stable jobs for millions, and help the economy grow.
Yet read the nation's newspapers, Internet sites, and magazines, listen to its radio news or watch its television news, and the bulk of the business news coverage ignores small and private businesses. Part of the reason is that many reporters believe that there is no news in these companies, they are too small to be making news, or they are not interesting enough.
At first glance, they may be correct. Big companies whose products and services are used by millions around the country—and the world—have more of an impact on more people. Small businesses do not sell products that have a huge impact.
But if a small business develops a product that is going to have an impact on a large part of the population, they will become one of those big companies. Bill Gates started his company in his garage, and now Microsoft is one of the biggest companies in the world, dominating the computer software industry. Wal-Mart started with one store. Coca-Cola started by selling its soft drinks at one drug