678,253
small businesses in Arizona
The U.S. Small Business Administration's 2024 Arizona profile reports this count for the state. Source: U.S. Small Business Administration, 2024 Arizona profile.
Arizona Business Reference
Arizona small business statistics.
Four sourceable figures that help put Arizona's privately held business economy in perspective. Every number below carries its reporting year and direct source.
Last updated September 16, 2026. Latest source data: 2024.
A practical snapshot of the businesses that shape Arizona.
Small businesses are not a side note in Arizona's economy. They employ a substantial share of the state's private workforce and include the owner-led companies where questions of growth, succession, valuation, and a future sale become personal. These figures are useful context, not a valuation or a prediction of transaction outcomes.
Key statistics
99.5%
of Arizona businesses are small businesses
This is the share reported in the 2024 Arizona Small Business Economic Profile. Source: U.S. Small Business Administration, 2024 Arizona profile.
1.1 million
Arizona workers employed by small businesses
The 2024 profile reports the total number of employees working for Arizona small businesses. Source: U.S. Small Business Administration, 2024 Arizona profile.
42.1%
of Arizona private-sector employees work for small businesses
This is the employment share reported in the 2024 Arizona Small Business Economic Profile. Source: U.S. Small Business Administration, 2024 Arizona profile.
Methodology and Sources
How to use these figures.
This page reports figures from the U.S. Small Business Administration's 2024 Arizona Small Business Economic Profile. The source combines data from federal statistical programs and reports the year for each statistic. We keep the reporting year visible because official business data is released on a lag.
For broader business-count research, the U.S. Census Bureau also publishes annual Statistics of U.S. Businesses and Nonemployer Statistics datasets.
Cite this page: Nova Capital Advisors, “Arizona Small Business Statistics: Latest Available Data,” updated September 16, 2026, https://novacapitaladvisors.net/arizona-small-business-statistics.
For Business Owners
Put your own numbers in context.
A preliminary valuation conversation can help you understand the business factors that may shape a future transition.