The EU submitted a report on European SMEs profitability and turn over. In 2007, in the European enterprises, the gross operating surplus adjusted to the self employed imputed wage accounts for 32% of profitability. It means that, the smaller the size of enterprise, the less profitable it is. SMEs are found to be more profitable […]
Most of the New Firms Are Micro Enterprises: EU Report
The European commision has submitted a report on the EU SMEs based on the statistics provided by Eurostat’s Structural Business Statistics (SBS). Each year it was found that there is an increase of enterprises of about 1.5 million enterprises , constituting to 9% of the total enterprise population. On the other hand1.3 million enterprises cease […]
Video SEO for Small and Medium Size Businesses
Many business owners are still doubtful on how video SEOs are helpful to business and how they boost the sales. Nowadays many businesses are doing business though internet or websites and online promotions are getting very important. Website promotions create awareness to their customers. Many people did the research on website video promotions. SEO guru […]
Social Network Usage Increasing More in Internet Promotions
Internet promotions are increasing fast. These promote the business in a professional way. Social network usage in online promotion is increasing more. Massachusetts Dartmouth Center for Marketing Research has pointed out that the usage of social network for promoting business or products. In online promotions, Facebook usage tops, most of the businesses use Facebook for […]
Contribution of EU 27 SMEs in Terms of Production and LAbour
The European Commission had submitted a report on SMEs in EU. According to the report the following are the findings: The turnover of non financial businesses in SMEs of EU-27 was found to be € 23 billion; which on an average is equivalent to € 1.1 million per enterprise. But the turnover per enterprise varies […]
Importance of CRM Software in Businesses
CRM (customer relationship management) is becoming an important element of successful businesses. CRM software gives the customized support to an organization. It provides easy and cost effective solutions. CRM purely focuses on the customer relationship. The implementation of the CRM plays an important role in time maintenance and expense reductions. The importance of the CRM […]
Rate of Hiring in U.S SMBs Improves Slightly
The fact that the U.S small and medium sized businesses are the job creators for the country is reconfirmed by the statistics revealed by U.S Department of Labour, which states that 44% of U.S private payroll is generated by small businesses and 65% of the net new jobs, in the past 17 years. CBIZ Small […]
Data Stealing a Major Concern For U.S SMBs
As per the data from he 2010 corporate end user survey by Trend Micro’s, the small businesses find Viruses, Trojans, data-stealing malware, and leaking of information as biggest IT concerns. This survey included 1600 end users belonging to U.S, U.K, Germany and Japan, who were employed full time with email and internet access at their […]
US SMBs Report Low Earnings Due to Weaker Sales
The National Federation of Independent Business released its Index of Small Business Optimism, which gained 2.7 points, rising to 91.7 in October. The profit trend improved by seven points in October reaching net negative 26%. but still much more percentage of owners complain about decrease in sales quarter after quarter. Of the owners having lower […]
Small Businesses in U.S Have no Hiring Plans
According to National Federation of the Independent Business, inspite of recession being over the small businesses have no plans to hire and further more, 13% are planning to cut jobs during the next three months. The organization also said that the situation had showed positive change in the months of September to October. The survey […]