Fact-check · Oct 20, 2026
“One third of the 32,000,000 small businesses in America are family owned businesses.”
MISLEADING
What the record shows
SBA Office of Advocacy reports 36.2 million small businesses as of February 2026. Census Bureau data shows approximately 27.3% are family-owned, not one-third (33%).
Baseline figure is outdated (2023 data); family-ownership percentage overstated by ~6 percentage points.
Sources
Vote Unbiased checks what officials say against government data — BLS, BEA, Census, Treasury, the Fed — with sources cited. Every speaker, every party, same standard. See the data →