The European economy relies heavily on small and medium enterprises that engage two-thirds of the workforce and adds more than 50% of economic value. It will not be wrong to say that small businesses drive Europe’s prosperity. However, Covid 19 pandemic has severely hit small businesses across Europe as revenues dipped as much as 70 […]
Category USA SMBs
Setting up an auto repair outlet is considered as one of the good business opportunities in the markets today in almost any state of the United States. It can be said that in the USA; it is lucrative to be in the car repair business. But you can achieve financial success only when you carefully […]
The CBIZ employment index revealed that there had been major job losses in August. There was a decrease of CBIZ Small Business Employment Index for August by 1.01 percent. There was no hiring process in August. The number of employees working in the firms managed by the CBIZ payroll services were decreased in August by […]
A substantial opportunity for PC vendors, peripheral makers, critical computer component suppliers and independent software developers is provided by the increased use of computers in small businesses. However, the spending on computer peripherals was different for small businesses of various industries. According to the IDC’s third annual Beyond-the-Box survey, an average of $0.87 was spent […]
There was a drop in self-employed people in the U.S. to the lowest level in eight years. This shows that there is no chance for nurturing new businesses. According to the Labor Department data, there were 8.68 million self-employed people in August. This was found to be the fewest since January 2002. According to the […]
Customer acquisition is a necessary part for any business. It is easily possible by the use of social media. However, some firms are involved in measuring the return on investment of social media marketing, whereas some businesses are more interested towards customer acquisition in spite of the investment. According to the study by Regus in […]
Generally, small businesses fail within one year of their startup. It was found that 90 percent of the small businesses fail within one year. According to the SBA study and others, about 70 percent of the new firms have at least one employee surviving for a minimum of two years. 30 percent failure rate after […]
Symantec conducted a survey on 1,425 small and medium businesses in 17 countries during the first quarter of 2009. According to the survey reports, 94% of the SMBs mentioned protecting their information, servers and networks is extremely important for their businesses. 70% of the respondents were concerned about spam and theft of data. Inspite of […]
Small businesses are considered to play an important role in the growth of the U.S. economy. However, usage of new and advanced technologies stands as a major challenge for many SMBs. With the increased awareness and rapid growth in technology, many SMBs today are keen to adopt new technologies. According to the CompTIA’s Second Annual […]
According to a study conducted by Ponemon Institute and sponsored by Gaurdian Analytics, the SMBs in USA are very much concerned about the security of their transaction through online banking. The following are the findings of the study: 55% of the businesses exerienced fraud, with 58% of them having reported fraud in online banking, in […]