Number of Small Businesses in Ventura County, CA: 2023 Outlook

According to the latest statistics, there are 92,742 small businesses in Ventura County, CA. These small businesses make up nearly 99.97 percent of all businesses in the county.
By Neilsberg Research January 24, 2023
The number of small businesses in Ventura County, CA

As per the U.S. Small Business Administration a small business is defined as one with fewer than 500 employees. To learn more about the trends related to the number of small businesses in Ventura County, we’ve analyzed all of the most essential data reported by relevant surveys across various departments at the U.S. Census Bureau. 

How many small businesses are there in Ventura County, CA?

Key small business stats

Our research yielded several striking findings related to the number of small businesses in Ventura County, CA:

  • According to the 2022 Small Business profile from the Office of Advocacy, U.S. SBA and Statistics of US Businesses, the number of small businesses totaled 92,742 in Ventura County, CA.
  • The small businesses make up nearly all (99.97 percent) businesses in Ventura County, CA.
  • Most of Ventura County’s small businesses are very small as 96.96 percent of all businesses did not have employees or have fewer than 20 employees.
  • As per the Non employer statistics, self-employment in Ventura County, CA increased by 12.43% over the last 8 years. .  
  • Between 2021 and 2022, the number of small businesses in Ventura County, CA increased by 944 ( 1.03% ). Overall the number of small businesses marked a a growth of 9,509 ( 11.42% ) between 2014 and 2022.

Ventura County, CA: Small businesses with no employees

As of Sep 2022, there were 71,248 small businesses with no employees in Ventura County, CA. Compared to 2014, that is an increase of 7,875 ( 12.43% ) in the number of self employed population in the county.

Most recently, especially after the COVID-19 pandemic, the number of small businesses with no employees increased by 769 from being 70,479 in 2021.

In the wake of the COVID-19 pandemic, across the United States, we witnessed an ongoing economic trend of the rise of gig economy and the beginning of the great resignation. The biggest impact was found in the economic activity related to the small businesses with no employees.

Its impact in Ventura County, CA is clearly reflected in the below chart, displaying number of small businesses with no employees between 2016 and 2022 (Exhibit 2).

Exhibit 2
The number of small businesses with no employees in Ventura County, CA

Below is a table showing the number of businesses with no employees since 2016.

Year Reported Businesses With No Employees
2016 64,224
2017 66,566
2018 67,736
2019 69,019
2020 69,899
2021 70,479
2022 71,248

Ventura County, CA: Small businesses with less than 20 employees

Between 2014 and 2022, the number of small businesses with less than 20 employees increased by 1,381 ( 7.97% ). In 2014 the number of businesses were 17,321, which increased to 18,702 in 2022.

Overall most of the small businesses in Ventura County, CA are very small, and have less then 20 employees. These micro businesses account for nearly 86.91% of the total businesses with employees in the county.

The trend in the number of small businesses with less than 20 employees is visible in the below chart ( Exhibit 3).

Exhibit 3
The number of small businesses with less than 20 employees in Ventura County, CA


Here is a comprehensive overview of the number of small businesses with less than 20 employees since 2016:

Year Reported Businesses With 1-19 Employees
2016 17,485
2017 17,607
2018 17,867
2019 18,201
2020 18,571
2021 18,520
2022 18,702

Ventura County, CA: Small businesses with 20 - 99 employees

Of the 3,195 counties reviewed across the United States, the small businesses with 20 - 99 employees was found to be resilient set with respect to the impact of the pandemic. 

In Ventura County, CA the number of small businesses with 20 - 99 employees increased from being 2,260 in 2014 to 2,433 in 2022. In percentage terms the change is an increase of approximately 7.65%.

We have charted the number of small businesses with 20 - 99 employees since 2016 ( Exhibit 4):

Exhibit 4
The number of small businesses with 20 to 99 employees in Ventura County, CA

Over the last 7 years, the number of small businesses with 20-99 employees is tabulated below:

Year Reported Businesses With 20-99 Employees
2016 2,278
2017 2,288
2018 2,380
2019 2,351
2020 2,399
2021 2,452
2022 2,433

Ventura County, CA: Small businesses with 100 - 499 employees

As per the U.S. Small Business Administration, the businesses with 100 - 499 employees are the largest businesses eligible to be classified under the category of being called as a small business. In Ventura County, CA the number of such businesses changed from 279 in 2014 to 359 in 2022.

An increase in the number of these businesses is a good economic indicator for a county. With an increase of 80 such businesses between 2014 and 2022 shows that this is a great county for business growth.

Full set of data related to the number of small businesses with 100 - 499 employees is shown in the below chart ( Exhibit 5):

Exhibit 5
The number of small businesses with 100 to 499 employees in Ventura County, CA

You can also find the table below with the number of small businesses with 100 - 499 employees in Ventura County, CA:

Year Reported Businesses With 100-499 Employees
2016 299
2017 327
2018 327
2019 331
2020 345
2021 347
2022 359

References

Data used for the report on number of small business in the Ventura County, CA was sourced from the following programs, surveys and reports within the US Census Bureau: 

1) Annual small business profile published by the U.S. Small Business Administration, Office of Advocacy.

2) Nonemployer Statistics, U.S. Census Bureau

3) County Business Patterns, U.S. Census Bureau

4) Statistics of US Businesses, U.S. Census Bureau

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