500 employees represent 99.7% of the 29.6 million businesses in the U.S.; the most recent data show there are only 18,000 large businesses. Small businesses generated 64% of net new jobs annually over the past 15 years. Small businesses must also comply with labor and safety regulations. Small Business Paperwork Relief Act of 2002 The Small Business Paperwork Relief Act (SBPRA) of 2002 requires federal agencies to designate one point of contact to act as a liaison between the agency and small business concerns. SBPRA also requires the Office of Management and Budget (OMB), in conjunction with the Small Business Administration, to publish on the Internet a list of compliance assistance resources available at Federal agencies for small businesses. In accordance with the SBPRA, Business.gov has published a Federal Compliance Contacts page which gives the names, phone numbers and e-mail addresses of individuals at federal agencies that can help small business answer regulatory and legal questions. Business.gov also provides guidance through links to federal, state and local agency resources that help small businesses meet their regulatory requirements. Features and services Small business resources Business.gov offers a variety of resources that address each phase of a business life cycle from preparing to launch a business to financing growth to ensuring compliance with federal, state and local regulations. Authoritative information is provided through links to other government agencies, fact sheets, guidelines, forms, interactive tools, training resources, and compliance experts. Business.gov covers a wide variety of business topics and industries. Additionally, there are specific guides for self-employed and home-based businesses; resources for women, veteran and minority business owners; and a portal for non-profits. State and local guides Business.gov includes federal, state and local government information so business owners don't have to know which level government to go to in order to obtain licenses and permits and comply with other laws and regulations. The State & Local guides provide access to programs and services that help small business owners start and expand their operations while complying with state and local laws. Federal, state and local contacts Business.gov provides direct line contacts to federal, state and local personnel who are available by phone or e-mail to answer questions about complying with government regulations. Answers to Frequently Asked Questions (FAQ) Business.gov provides links to FAQ databases from across the federal government in which regulatory agencies provide answers to common business issues. Business.gov's FAQ Directory is organized