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 […]
Tag: U.S.A Small Businesses
Exit Rates of Small Wholesalers Increase in U.S because of International
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 • […]
Women Enterpreneurs in U.S Still Need to Work Harder
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 […]
U.S Small Businesses Preferring Social Media to Obtain Business Benefits
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 […]
Credit Borrowings By US SMBs Fall
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 […]
SMBs Worldwide Lack Awareness Regarding Cloud Computing
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 […]
Majority of North Americans are happy being an SMB owner
A survey was conducted by Toronto Dominion, on about 1,213 companies having 5 to 50 employees, in 12 cities of North America, to know the attitudes and behaviours of the owners of small businesses. According to the survey, 69% of the small business owners in Canada were very happy with their businesses, while 31% of […]