According to Panda Security report on the status of security in SMBs world wide, 58% of SMBs world wide were affected due to lack of security, with Brazil being highly infected with 86% and Germany being least with 8%. The infection ratio at U.S. companies is 46% currently, showing a slight increase from the last […]
September, 2010
US small businesses are adopting new strategies to improve the efficiency of the businesses, in time of economic downturn. This is clearly evident as more and more businesses are now looking for social media to promote their businesses. The Small Business Success Index (SBSI) reports, adoption of social media by small businesses had become twice […]
According to a recent survey by Staple, about 99% of the SMBs say, they select a retailer online based on free shipping offered by them. Small businesses find say that, saving money and time is imperative, hence they order their business requirements online. It was also found that 46% of them also feel that, it […]
SBA released it’s first-ever Small Business Procurement Scorecard, in August, which helps the agencies in measuring their achievements as well as progress in making contracting opportunities available, in improving the accuracy of contracting data and also providing the public an opportunity to assess agencies’ performance in meeting these goals. The function of scorecard is that, […]
Dow Jones Newswires, reported that small businesses are of opinion that, the increase in tax rates will effect business investment and hiring plans at large. Tax cuts proposed by President George W. Bush are to expire at the end of this year. In this regard, Obama has proposed new tax policies such as, extending the […]
According to a survey by UPS, 24 percent of small businesses have seen increase in sales due to social media, and only 1% had ageed that social media was helpful in their business growth. This leads to assumption that 99% of the SMBs don’t think social media as helpful source. This situation may be attributed […]
In the present situation, having the Internet is not sufficient for any kind of businesses irrespective of their size. It is more important that the band width used in internet connections is updated by using latest technology. Using fibre, increases the speed of the internet, besides having benefits of future proof service, longevity, scaleability and […]
If you are planing to run a small business or you are already in to a small business, you may have many queries about running of the business such as regarding, investments, raising capital, hiring employees, acquiring customers, production of products, creating value for business, etc. These queries require valuable suggestions or answers from experts […]
According to a survey by the National Federation of Independent Business, reports that only 50% of the small businesses have borrowed to meet their business needs. The freezing of lending, started with the start of recession, in 2007. According to Federal Reserve’s Survey of quarterly Senior Loan Officer Opinion, states that in October 2008 the […]