Archive for category Small Business

SMEs are Considering Offshoring

About 22 percent i.e., one quarter of small and medium enterprises in UK want to go for offshoring. About 1 in 10 are likely to offshore their elements of their businesses in 2010 as per the research conducted by ICM Research in November on behalf of SLASSCOM which is the development body for Sri Lankan outsourcing.

As per the SME Offshoring Readiness Index, 20 percent of… Continue reading

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77% small Business spend on IT Products

According to leading market research company NPD Group’s SMB Technology report, small and medium-sized businesses in United States would spend mostly on PCs this year than on any other major IT hardware category. As per the report, 77 percent which is more than three quarters of small and medium-sized businesses are planning to spend more or same on new PC equipment in 2010 when compared to 2009. Around… Continue reading

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UK SMB’s Online Advertising in Q2 2010: Webvisible Report

The WebVisible report of State of Small Business Online Advertising second quarter of 2010 examines the trends among WebVisible’s U.S. advertisers from Q2 2009 through Q2 2010. There is also an inclusion of analysis of data from more than 10,000 advertisers in the UK in this report.

Findings of the WebVisible report:

  • There is a decrease in average UK advertiser spending
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Scottish SMEs Showing Improvement in Trading Conditions

The larger Scottish firms are believing that it would take still 2 years for the Scottish economy to show the signs of recovery though there is rise in confidence. About 53 percent of the small businesses respondents in Scotland expressed that they have seen an improvement in trading conditions when compared to the previous year, according to the latest Bibby Financial Services Business Factors Index. Only 16 percent… Continue reading

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Overall View of Small Business Fund Bill

There is an expectation by small businesses that the government is going to create as much as $300 billion credits for them. Bankers are doubting whether there is any need of new loans or whether all the loan amount would be repaid.

A bill was by House in the month of June which is awaiting Senate’s approval. They are concerned that it might be another bank… Continue reading

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SME IT Spending Dropped As a Result of Recession

There is a lot of impact on SME’s IT spending and it is not expected to react the 2008 levels till next year. According to the research from IDC, there is an expectation of growth in IT spending by about 5.5 percent in the next 4 years to reach an annual of $629.3 billion by 2014. According to market watcher, the growth is considerably less than previous prediction.… Continue reading

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Americans Expect Small Businesses Will Lead to a Better Future

Around 98 percent of all American firms have less than 100 employees and about 90 percent of all firms in the United States have less than 20 employees which contribute to 97 percent new jobs in United States, as per the latest statistics from US Census Bureau.

Many of the Americans are having a lot of faith in small business owners, entrepreneurs and science and technology… Continue reading

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Executives Reticent to Employ: US Chamber of Commerce

The small to medium-sized business executives in US are remaining reticent to employ and there is a drop in their expectation about the rate of US growth, according to a survey by US Chamber of Commerce.

The executives are still planning to decrease layoffs, the following year, as per the coordinators of the Vistage CEO Confidence Index.

  • From the last survey
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Reasons for Drop in Lending by Banks

The lending to the small business has drastically decreased by $40 billion since the second quarter of 2008. In the first quarter of 2010, the lending was about $670 billion where as it was $710 in the year 2008.

A survey by the Barlow Research Associates Inc., conducted last year, found that there are few reasons because of which small business owners are facing problems in… Continue reading

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Small Businesses are Investing in E-mail marketing

AWeber Communications are leading providers of web-based e-mail marketing software for small businesses gave a report of more than 2,500 small businesses regarding e-mail marketing and social media marketing efforts by a survey.

Around 70 percent of small business marketers are using some sort of social media tactics in their business. More than 77 percent of the small business owners think that social media and e-mail… Continue reading

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