More fact checking:

https://www.theguardian.com/money/us-money-blog/2014/sep/14/small-business-by-the-numbers-from-minimum-wage-to-sacrificing-your-sex-life

Especially:

Percentage of small businesses that consist of a single employee: 79.9%

Other less than stellar facts:

Percentage of small business owners who feel that Obamacare will have a negative impact on their businesses: 41%

Amount of loans to small businesses at the end of the first quarter in 2014: $585bn

Percentage of business owners who approve of the move to raise the national minimum wage to $9.50: 47%
Percentage of entrepreneurs who feel that raising the minimum wage would hurt small businesses: 60%
(Living Wage in US needs to start at $15 per hour (minimum))

There are at least two sides to this story; probably multiple sides.  If you have ever worked for a small business or family owned business, you will have stories to tell  (positive and negative)