Archive for September, 2010

US SMBs are Still Feeling the Heat of Economic Downturn

Posted on September 18, 2010 by

Office Depot’s Small Business Index, states that small businesses are still facing difficult times and are still continuing to feel the effects of the financial crisis, despite the reports that the economy is on the road of recovery. The survey was conducted on more than 1,000 small businesses, of them 38% responded that they have […]

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Exit Rates of Small Wholesalers Increase in U.S because of International

Posted on September 16, 2010 by

Competition: SBA conducted a study, with an aim to examine the consequences of international pressures on small business firms, still further on wholesalers and retailers. It revealed that, in the case of manufacturers, the exit rates of small wholesalers increased in the form of real exchange rate appreciation, due to international pressure. Key findings • […]

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European SMEs Hit by Financial Crisis

Posted on September 15, 2010 by

According to the European Union report SMEs have a major role in contribution to macro economic growth. Between 2002 and 2008, SMEs in the EU-27 increased by 2.4 million (13%), whereas LSEs grew by 2,000 enterprises (5%). in terms of emplyment, the jobs in SMEs increased by 1.9% annually, while in LSEs it was 0.8%. […]

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Cash Flow Problems Threatening SMBs: IGF

Posted on September 11, 2010 by

Small Business survey-2010, conducted by IGF, reports that, during the past two years of severe economic downturn, 38% of the SMEs in UK have suffered problems due to cash flows and 32% were fearing closure of their business operations due to the problems in cashflows. The reasons cited were, late payment by debtors(56%), uncontrollable economic […]

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EU SMEs Contribute Largely in Terms of Total Production

Posted on September 11, 2010 by

According to European Association, there are about 20 million enterprises in the European Union in 2008. A vast majority (99.8%) of the enterprises are SMEs, while the large scale enterprises numbered about 43,000 only. Due to its vast majority, SMEs have also a major share in economy in terms of contribution prodcution and labor productivity. […]

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Women Enterpreneurs in U.S Still Need to Work Harder

Posted on September 10, 2010 by

According to statistics, it was found that the women enterpreneurship had increased rapidly. It was seen that between 1992 – 2006, the total number of women owned businesses were doubled from 5.4million to 10.4million. Between 2002-2008, it was seen that, majority of women owned firms grew by 11% when compared to 12% by majority of […]

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U.S Small Businesses Preferring Social Media to Obtain Business Benefits

Posted on September 10, 2010 by

Small businesses are preferring social networks for their business expansion, marketing plans, as it has got wider reach and is easily accessible to people belonging to all walks of life. MerchantCircle, conducted a survey on 1.3 million members and found out that, small businesses are significantly preferring social networking services like Twitter, location based services […]

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Credit Borrowings By US SMBs Fall

Posted on September 9, 2010 by

According to a report on “Small Businesses Credit In A Deep Recession” by NFIB, the immediate concern for 51% (up by 6% from the last year) of small businesses is slow or declining sales, 22% reported uncertainty, 8% said access to credit and 8% said falling of real estate values. These figures remain same as […]

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Twitter’ – The Most Sought after Site by SMEs:

Posted on September 3, 2010 by

As per the research reports by O2, out of 500 SMES surveyed, as many as 17% of them are using Twitter as a means for their business to be seen online. Out of these 28% have signed up in the last two weeks. The major reason for this trend as viewed by the respondents, is […]

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SMBs Worldwide Lack Awareness Regarding Cloud Computing

Posted on September 2, 2010 by

According to a recent survey by Techaisle, there is very low awareness about the cloud computing among the SMEs worldwide. Among the small businesses surveyed across US, Brazil, Germany and Italy, only 37% have heard of it. Among those who have heard about it, 13% did not know what it was all about, 44% consider […]

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