Our islands' small businesses significantly impact Hawaii’s economy. They represent 96.4 percent of all employers and employ 54.1 percent of the private-sector labor force. Small businesses are crucial to the fiscal condition of the state and numbered 116,594 in 2010. This makes small businesses in Hawaii our largest employer.
This also shows there is a great deal of opportunity for a small business person to succeed. Hawaii educates a lot of business people in it's higher education institutions but many of them have to leave the islands to get a job on the Mainland.
Why? We believe it is because there is a miss match between higher education and the real business world in Hawaii. Our higher education institutions need to offer programs that are relative to their environment, things like entrepreneurship, small business planning, accounting for small business, and maybe even how to own and operate a franchise.
This also shows there is a great deal of opportunity for a small business person to succeed. Hawaii educates a lot of business people in it's higher education institutions but many of them have to leave the islands to get a job on the Mainland.
Why? We believe it is because there is a miss match between higher education and the real business world in Hawaii. Our higher education institutions need to offer programs that are relative to their environment, things like entrepreneurship, small business planning, accounting for small business, and maybe even how to own and operate a franchise.
