According to a recent survey, more than 40 percent
of small businesses report that they have been the victims of a cyber attack — and it has cost them thousands of dollars.
According to a recent Wells Fargo / Gallup Small Business Index survey, 71 percent
of small businesses report they expect their financial position to improve over the next 12 months.
Sixty - two percent
of small businesses reported spending less than $ 100 per month on content marketing and almost half (45 %) said content has lowered their advertising costs.
As we reported last week, the majority (61 percent)
of small businesses reported growth throughout 2014.
Rocket Lawyer's Small Business Index reveals increasing overall optimism: 80 %
of small businesses reported growth in 2017 and 63 % believe their sales will increase in the new year.
Not exact matches
A new
report from the city's Department
of Small Business Services found that, over the last decade, women - owned
businesses in the city grew by 43 %, outpacing the average company growth rate
of 39 %.
In a
report for the Office
of Advocacy
of the U.S.
Small Business Administration, Nicole and Mark Crain
of Lafayette University explained that the per - employee cost
of federal regulatory compliance was $ 10,585 for
businesses with 19 or fewer employees, but only $ 7,755 for companies with 500 or more.
While it can be on the expensive side for
small businesses, many users
report that this is a case
of getting everything you paid for and more.
«In this new economy, workers and start - ups and
small businesses need more
of a voice, not less,» President Obama writes in his opening letter to the
report.
Rescinding the program could mean the loss
of as much as $ 460 billion in economic output over the next decade, according to a recently released
report from the House Committee on
Small Business, which was released by ranking member Nydia Velázquez (D. - N.Y.)
Google Buzz wants to compete with the likes
of Twitter, Facebook and LinkedIn, but it falls short
of its competitors when it comes being a resource for
small businesses, TheStreet
reports.
Fuel prices remain relatively low, the jobs
report continues to show that we are near full employment, and
small business lending has rebounded from the depths
of the credit crunch to record levels by some measures.
Relevanza
reported that 78 percent
of small businesses attract new customers through social media.
Over the weekend, Cincinnati.com
reported that SoMoLend, a crowdfunding site that distributes loans to local
small businesses, was under investigation by Ohio's Division
of Securities — i.e. the state's commerce regulators.
Wells Fargo, according to my own analysis
of its Q1 earnings
report, showed surging deposits in its «community banking» category (consumer and
small business), but declining deposits in its «wholesale banking» category, and plunging deposits in its Wealth and Investment Management (WIM) category.
Yet, a staggering 76 %
of UK
small businesses reported a cyber-breach in 2012, and the trend is similar in other countries.
Other
reports suggest that online lenders could soon capture up to 30 percent
of small business borrowing needs.
Harvard
Business School professor Teresa Amabile and psychologist Steven Kramer, authors
of the incisive The Progress Principle, pored over 12,000 daily work diary entries and were surprised to find out that making progress — even
small wins — on meaningful work is the most powerful motivator,»
reports the book.
Despite the very real challenges that keep many
small -
business owners cautious, a recent survey
of the Women Presidents» Organizations» Zenith members
reported that these women - owned
businesses with annual revenues
of at least $ 50 million are more optimistic than one might expect.
Still, credit bureau
reports do have some potential for error, so
small businesses should not necessarily use them as the only source
of consumer credit information.
Immigration policy, from potential burdens
of reporting and verification to visa needs for highly skilled positions, are also critical to
small business owners, as is Dodd - Frank's impact on lending to
small business.
According to The Ponemon Institute's 2017 State
of Cybersecurity in
Small & Medium - Sized
Businesses report, 61 percent of businesses experienced a cyber attack in 2017, signifying a 6 percent increase from the previous year's 5
Businesses report, 61 percent
of businesses experienced a cyber attack in 2017, signifying a 6 percent increase from the previous year's 5
businesses experienced a cyber attack in 2017, signifying a 6 percent increase from the previous year's 55 percent.
An estimated 90 percent
of US
businesses are family owned and, although data is hard to come by, that means that many
of the 4.3 million
small businesses that closed last year were family
businesses,
reports the Wall Street Journal.
The
Small Business American Dream Gap Report examined today's economic landscape compared to a year ago and found that despite the positive outlook for small businesses, nearly three out of 10 small businesses reported finding it harder than in the past to reduce operating c
Small Business American Dream Gap
Report examined today's economic landscape compared to a year ago and found that despite the positive outlook for
small businesses, nearly three out of 10 small businesses reported finding it harder than in the past to reduce operating c
small businesses, nearly three out
of 10
small businesses reported finding it harder than in the past to reduce operating c
small businesses reported finding it harder than in the past to reduce operating costs.
Part
of the problem, the study found, is that «existing tax rules effectively create a $ 19,399
reporting tax loophole impacting millions
of taxpayers» because
of the confusion surrounding the requirements for forms 1099 - K, which is supposed to be filed by companies when they earn more than $ 20,000 through 200 or more credit card transactions, and 1099 - MISC, which covers payments above $ 600 to independent contractors, freelancers and
small businesses.
AnythingResearch.com, which provides industry market research analysis,
reports, and publications, handed Inc. a list
of its top eight fastest - growing industries that are hospitable to
small businesses.
A survey by the Aspen Institute found that nearly half
of American microborrowers were still in
business five years later, a higher share than the SBA
reports for
small businesses as a whole.
Women typically own
smaller businesses, according to a 2010
report from the U.S. Department
of Commerce's Economics and Statistics Administration for the White House Council on Women and Girls.
The Bank
of America
Small Business Owner
Report was conducted by Braun Research in October 2014.
Small business owners are taking on a large share
of this responsibility, as 39 percent
reported that they themselves are in charge
of online security at their company.
Total revenue
of small businesses included in the initiative grew at 10.8 percent on an annualized basis between in the two years studied, according to the
report.
Over the past three years, half
of small business owners
reported applying for a loan from banks or another financial institution, with 20 percent applying more than once for financing.
It will automatically carry out benefits deductions, pay and file all
of your payroll taxes, handle year - end
reporting and time - tracking, ensure your
small business is compliant with regulations, and give employees access to their paycheck histories.
The SurePayroll analysis
of payroll data from 35,000
small businesses across the country
reported yesterday a slight drop in hiring nationwide in November.
Some banks
reported anecdotally that in various regions broker - originated loans represent about 20 per cent
of small business lending.
Meanwhile,
small -
business hiring and the average paycheck
of employees and contractors each fell 0.1 percent in June from May, the
report says.
And a
report prepared for a group
of digital publishers that was leaked to
Business Insider recently estimated that the average revenue from Snapchat was relatively
small compared with Facebook.
Roughly 69 percent
of small businesses (about 16 million) are individual taxpayers who
report business income, while the remaining 31 percent (or roughly 7.3 million) are partnerships or corporations.
A new
report on
small business banking in Australia has found that about 11 per cent
of businesses changed their bank over the past two years.
In 2016, eight years after the crash, 45 percent
of small -
business owners
reported applying for credit, up from 22 percent in 2014, according to the Federal Reserve.
Two provisions from the Recovery Act focused on
small -
business financing ran out
of funding Monday,
reports the Wall Street Journal.
And it's not uncommon, in fact, a 2013 poll found 43 percent
of small -
business owners
reported having been threatened with or involved in a civil lawsuit.
In fact, in its latest
report the National Federation
of Independent
Business confirms that small - business optimism remains relativ
Business confirms that
small -
business optimism remains relativ
business optimism remains relatively low.
The
reporting requirements on a
small business owner are not as onerous when it comes to SEP IRAs compared with many other types
of retirement accounts.
In fact, 36 percent
of millennial entrepreneurs use more than five mobile apps to run their
businesses, according to this year's j2 Global mid-year
small business report.
Small - and mid-sized
businesses that have come to rely on cloud services would be hit more heavily than Fortune 1000 companies; SMBs would sustain some two - thirds
of the economic losses, the
report says.
That
report comes from BizBuySell.com, an online marketplace for
small businesses that tracks the number
of transactions
reported by
business brokers.
The IRS is sending letters to tens
of thousands
of small businesses asking if they are underreporting revenue, according to new
reports.
It can be easier for
small businesses to track and
report spending throughout the year, but at the end
of the year, it's time to collect everything and look at the big picture.
Small businesses accounted for 82,000
of the 200,000 private - sector payrolls added in July, according to the ADP National Employment
Report.