Small Business Statistics

Small business statistics include business expenses, business owner survey, e-commerce statistics and financial data of dissimilar industries such as services, manufacturing and retail etc.

Growth of Small Business

Today, small businesses are growing at really high speed. The names of some states of United Sates that have experienced tremendous growth are Alaska (+1.9%), California (+4.0%), Montana (+2.0%), Utah (+3.8%), Oregon (+2.1%), Nevada (+3.4%), Colorado (+2.2%), Florida (+3.1%), Idaho (+2.2%), and Washington (+2.9%).

Small Business Finance

More than eighty percent of small or home based businesses employ some financing sources to run their business. Few commonly used financing sources are Credit Loans, Capital Leases (55%), Business Credit Card (34.1%), and Personal Credit Card (46%).

E-Commerce Statistics

• Online sales are rising per year at the rate of twenty to twenty five percent. • More Than 26% of retailers offer product related information online. • More Than twenty four percent of net users have already participated in online auction as sellers or buyers. • More than 52% of medium size business or small business owners update their websites once in a month.

Home Based Business

As per the survey in 2005, 13.8 million people were doing home based business in U.S from which 9.7 million people were operating as primary business while 4.2 million people were operating as part time.

Advertising Statistics

• In third quarter of year 2006, revenue of internet advertising increased near about 33% as compared in year 2005. • According to the survey in 2006, e-mail and telephone generate maximum response rate at 2.45 % and 2.60% used for direct marketing. • Video Marketing operation also increased in similar period by 750%. • Some companies are projected to spend twenty six billion dollar on internet advertising by the year 2011. • As per survey in the year 2006, direct marketing is expected to increase by 5.2 % in 2007 as compared to year 2006.

These statistics can be of help to those who want to start a small business.

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