August, 2010

Half the SMEs to adopt Cloud Computing by 2010:

According to a report by business ISP, Easy net Connect, there is huge change in the outlook of business by SMEs. 51% (up from 35% in 2008) of them are planning to adopt cloud computing as they think that it will help them save money. 43% (up from 35% in 2008) believe that cloud computing […]

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Entry Rates of EU SMEs are Higher When Compared to LSEs

In 2008, out of the total 20 million enterprises present in the European Union, 99.8% are SMEs, whereas only 43,000 are large scale enterprises. In the period of 2002-2008, the number of SMEs grew faster when compared to the number of LSEs. Among the Smes, the micro and small firms showed highest growth rates. During […]

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SMEs in UK Think The Financial Situation to Be Still Worser in Future

The GDP figures of last quarter of 2009, show that the UK economy had emerged from recession. According to a study by Easy Connect, overall 84% of businesses believe that the economy will show growth, but, of them only 5% say it to take place in the next 3 months, 21% say that it may […]

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70% of Indian SMEs optimistic about the growth in 2010

Constant Contact along with its partners, with ACCE, SCORE, and ASBDC partners conducted a survey on Small Business Attitudes and Outlook Survey for the year 2010. 70 percent of the respondents showed confidence in growth of their businesses in 2010, of these 39% already planning to hire additional employees. On being asked about the overall […]

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79% of SMEs Confident about Neutral Outlook of US Economy

Small Business Attitudes and Outlook Survey, by Constant Contact Inc. reported that 79% of the SMEs are confident about the neutral outlook of US economy for the next 12 months. 52% of the respondents said that they were confident that their businesses will show a moderate growth in 2010, while 18% of them were confident […]

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Online Sales Save Recession Hit UK Economy:

The Powering Small Business Britain report, given by PayPoint and YouGov, based on a survey on about 800 SMEs, reveals major changes happening in the UK business scene. The summary of the report states that, online trading is playing an important role in providing benefits for SMEs, by improving their business operations and also acquiring […]

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SMEs in U.K Badly Effected by Economic Downturn

The performance of the small and medium sized enterprises had been badly affected by the global economic downturn. The major consequences of the recession suffered by SME sector in U.K are, decrease in number of SMEs, jobs, demand from customers, lack of investment, decrease in production, etc. In 2009, the production growth of SMEs decreased […]

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Entry and Exit rates of EU SMEs

According to EU SME Report, on an average 1.8 million new enterprises are established annually, which corresponds to 9.7 % of the total enterprise population. But simultaneously, 1.5 million enterprises annually are closed, corresponding to a death rate of 8.3 % of the total enterprises. Of the total increase, the SMEs increased by 2.4 million […]

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