Small Business Insight
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Small Business Insight
Monitoring the small business landscape
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Sage Business Index Shows U.S. Small Businesses Gaining Optimism about Economic Outlook

At odds with other surveys indicating a worsening sentiment among small business owners, Sage's latest Business Index survey of 10,000 global SMBs indicates that US respondents were overwhelmingly positive with an index value of 61.07, a sizeable increase from the 55.31 index value from the summer of 2011. In comparison, businesses in Canada and the U.K. also showed a positive trend in confidence for their own business, while those in Germany remain unchanged and those in France, Austria and Spain were less confident compared to last year.


Additionally, American business owners have become more positive about the economic prospects for the U.S. overall in the next six months with an index value of 49.28 compared to 41.57 in the summer of 2011. American business owners are less upbeat about the outlook for the global economy with an index result of 42.72, marginally above the 41.53 result from last summer.


The survey also found that while American businesses are upbeat about their own business prospects, concerns remain about inflation, as well as the rising cost of energy, fuel and raw materials. More than half (54 percent) of U.S. respondents cited inflation and the rising costs of energy and raw goods as one of the biggest concerns they have for their businesses. U.S. business owners are also concerned about the instability and/or uncertainty in their local economic market (38 percent) and also about decreased consumer confidence (30 percent). Cash flow also remains a continuing concern (24 percent).

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SMB IT spend to grow to $1 trillion: Gartner

Worldwide IT spending is forecast to total $3.7 trillion in 2012, a 2.5 percent increase from 2011, according to the latest outlook by Gartner, Inc.  


In the small and midsize business market, which represents approximately a quarter of all enterprise IT spending, spending is forecast to reach $874 billion in 2012 and will grow to $1 trillion by 2016. Throughout the forecast period, midsized business IT spending outperforms other sectors in each of the next five years, driven by growth in spending on enterprise software.

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Small business owners: too many hats, too little time (infographic) | TechJournal

Small business owners: too many hats, too little time (infographic) | TechJournal | Small Business Insight | Scoop.it

What’s the biggest challenge facing many small business owners today? Performing multiple roles within the organization, according to a new survey conducted by eVoice, a virtual phone number service offered by j2 Global, Inc. Not having enough time in the day to get things done came in as a close second – outweighing making a profit, staying ahead of competition, and managing employees.

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How Small Business Gets Started… and Keeps Running [INFOGRAPHIC] | Intuit Small Business Blog

How Small Business Gets Started… and Keeps Running [INFOGRAPHIC] | Intuit Small Business Blog | Small Business Insight | Scoop.it
Why does someone become a small business owner? And once they become one, how do they spend their time?
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Small Businesses Report Hiring Trend: Surveys

Small Businesses Report Hiring Trend: Surveys | Small Business Insight | Scoop.it

A survey from PNC reveals that small business owners are more optimistic about their prospects than anytime since the fall of 2007, and 28 percent say they will hire full-time staff in 2012.

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Entrepreneurs' advice for small business - how to use infographics - Washington Post (blog)

Entrepreneurs' advice for small business - how to use infographics - Washington Post (blog) | Small Business Insight | Scoop.it

Infographics are outstanding for bringing life to content that would otherwise be dry, uninteresting or unshareable. Given their advantages, infographics have become an essential tool in our marketing strategy because they are a great avenue to get additional social media exposure — along with the SEO benefits of having additional links when our infographics are embedded.

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NFIB: Small business confidence drops after 6 months of increases

NFIB: Small business confidence drops after 6 months of increases | Small Business Insight | Scoop.it

After six months of gains, the NFIB SmallBusiness Optimism Index fell by almost 2 points in March, settling at 92.5. After a promising start to the year, nine of ten index components dropped last month, most notably hiring plans and expected real sales growth each taking a significant dive, in spite of owners reporting the largest increase in new jobs per firm in a year.

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Small Business Labs: Industry Structures - Big Get Bigger, Small Get Smaller

Small Business Labs: Industry Structures - Big Get Bigger, Small Get Smaller | Small Business Insight | Scoop.it

Are small businesses the growth engine of the economy? Data from the Small Business Administration shows that over the last 17 years the number of large firms and non-employers (solopreneurs) have grown much faster than small (less than 500 employees) and mid-sized firms (500 to 10,000 employees).

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What the JOBS Act Means for Startup Capital - Entrepreneurship.org

What the JOBS Act Means for Startup Capital - Entrepreneurship.org | Small Business Insight | Scoop.it

In less than a month during an election year, the House and Senate came out with a legislative package that combines measures in six different bills to make it easier for early stage companies to raise money. Its key provisions create a three-pronged approach to increase capital for startups:


Enable a new form of financing by allowing startups to advertise for investment and accept capital from small investors.


Increase the number of private shareholders young companies can have.


Make it easier for companies to go public.

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Apple is best brand, small-biz owners say - The Business Journals

Apple is best brand, small-biz owners say - The Business Journals | Small Business Insight | Scoop.it

For the second consecutive year, Apple was named the Grand Award winner of The Business Journals' American Brand Excellence Awards. Now in its ninth year, the awards recognize brands that best meet the needs of the small and mid-sized business market (SMB).

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Small business paradox - optimism versus action

Small business paradox - optimism versus action | Small Business Insight | Scoop.it

Nearly 60% of small business owners believe that 2012 will be a better year than 2011.  Over half of Brother Small Business survey respondents now feel that investing in their business growth is a better strategy than stockpiling cash - but only 38% of them are planning to invest.

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