Because of uncertainty in economy, small business owners, ages 46 to 64, across North America are delaying the selling process of their business. As per a recent study by PriceWaterhouseCoopers, 1 in 2 small to large businesses would change hands between 2006 and 2016. But as per the survey conducted by The Growth Coach which […]
Tag: Small business
Monitoring Employees Increases Productivity of Small Businesses
There will be decrease in productivity because of non work related Internet surfing. According to IT Research Firm Gartner, 40 percent of the productivity is lost each year in American businesses because of non work related surfing. During working hours, many of the employees go for instant messaging, online gaming, social networks and video websites […]
High Taxes Hindering the Process of Job Creation: Lombardo Consulting Group
The small business owners perceive that high taxes are hindering the process of job creation, according to Lombardo Consulting Group Survey. This survey was conducted independently by Lombardo Consulting Group which was commissioned by US chambers. The poll also gave the opinions of small-Business owners on new legislation, economic condition of the country and government […]
Estate Tax: A New Problem for Small Businesses Firms
The estate tax has become a new problem for small business firms. There was lapse of estate tax at the end of 2009. Unfortunately, it will boost up from 0 to 55 percent during 2011. The estate whose value is more than $1 million have to pay estate tax. It means that beneficiaries should pay […]
Fake money a growing problem for small businesses
Fake money has become a major problem for small businesses and small businesses are very concerned about it. Small businesses which operate on a cash only basis are particularly at risk. Only uncaring, untrained cashier is the target who often gets cheated. Proper employee training and some advanced devices make tracking counterfeit bills to spot […]
Small Businesses Employment Data: ADP Report
A nation wide report was released by the ADP National Employment indicating small business employment. As per the June report, data which is specific to businesses with less than 50 employees will be reported in ADP Small Business Report every month as an impact of the contribution of small businesses in economic growth and employment. […]
US small Business Borrowings Edges Up in the month of June: Pay Net Index
There was an increase in borrowing by small U.S. businesses in June, as per the data released by PayNet Inc. The overall volume of financing to U.S. small businesses is measured by Thomson Reuters/Paynet Small Business Lending Index. As per PayNet, there was an increase of 4% in June. From the data released by economists […]
Increase in VAT Tax Rate: SME’s plan to cut expenditure
If the VAT increases to 20 percent, it will have contrary effects on micro firms and limited companies other than any other measure taken in the budget. As per the research commissioned by storage provider SafeStore, around a fifth of the firms are planning to cut down any salary payments on the company’s pay roll. […]
Small Business statistics in Q1 2010
The U.S. economy grew at a 2.7 percent annual rate in the first quarter, less than previously calculated, reflecting a smaller gain in consumer spending and a bigger trade gap. Small Business Performance There was an annualized increase of 3.2 percent in the first-quarter of 2010 of real gross domestic products. There was a sign […]
Obama Fixes Small Business Export Target
The President Barack Obama recently expressed his plans to double U.S. exports within the next five years. He said this would be a boon for small businesses. He also said that this initiative would help would jump-start the economy. The president said this bill helps small businesses to expand, adding two million jobs and employing […]