Every five years the U.S. Department of Agriculture (USDA) carries out a comprehensive census of agriculture across the country. The newly released 2017 census is a mixed bag of good and bad news. 2017 Census of Agriculture The data reveals small farms are increasing, but there are fewer overall farms and they are earning less. […]
Small Farms on the Rise in the U.S., But It’s Not All Good News Read More »
The last U.S. federal government shutdown started on December 22, 2018, and ended on January 25, 2019. The 35 days made it the longest U.S. government shutdown in history. So how did the shutdown affect small businesses during the 35 days? According to a new BizBuySell survey of small business owners, it didn’t have any
40% of Small Businesses Haven’t Recovered from Government Shutdown Read More »
Trump’s national emergency declaration has the support of 50% of small business owners over 50 years of age. The data is from the latest BizBuySell survey about small business owner sentiment. Small Business Owner Sentiment Survey Results According to the survey, business owner sentiment on this is issue is close to a statistical tie. An
50% of Business Owners Over 50 Back Trump’s Emergency Declaration Read More »
The US economy has performed well over the past two years. Entrepreneurs have bought and sold small businesses for record amounts. And small business owners get approved for bank loans easily. Yet, heading into the first quarter of 2019, 43% of small and medium-sized businesses say they have prepared for a recession. Or the say
43% of Small and Medium Businesses Preparing for Recession Read More »
Hispanics make up 18.1% of the US population with close to 60 million people. More and more Hispanic entrepreneurs serve this population. According to the 2019 Bank of America Hispanic Small Business Owner Spotlight (PDF), 87% of Hispanic entrepreneurs plan to expand their business this year. This translates to 20% higher than non-Hispanic business owners.
87% of Hispanic Entrepreneurs Plan to Expand Their Business in 2019 Read More »
Former U.S. President Ronald Reagan had a great grasp on what it means to be an entrepreneur and small business owner. He understood the challenges faced by small businesses and entrepreneurs, and the magic they create. Ronald Reagan Quotes on Small Business and Entrepreneurs President Reagan (pictured above) not only understood this, but he lived
Inspirational Ronald Reagan Quotes for Small Business Read More »
Getting energy usage under control is something we all need to work on. Climate change is one motivating factor, but there are also other economic factors for using less energy. High energy bills cause an economic drag for everyone – when some people can’t pay their bills it can actually dampen economic growth for all
Saving Energy To Save The Economy? Read More »
Unemployment numbers have been at historic lows recently, and this is having a positive effect on the stagnant wages of the past decade. According to the ADP Research Institute Workforce Vitality Report (WVR), the fourth quarter of 2018 delivered year-over-year wage growth of 3.4% to end the year. 2018 Wage Growth Statistics Overall, 2018 provided wage growth of
U.S. Wages Grew 2.8% in 2018, Should You Increase Staff Compensation? Read More »
BizBuySell started collecting the data for the number of small businesses bought and sold in a single year in 2007. And according to the company’s Annual 2018 Insight Report, it has been a record year for buying and selling a small business. BizBuySell Annual 2018 Insight Report The numbers for 2018 are the culmination of
Number of Businesses Bought and Sold Hit Record Level in 2018 Read More »
SAP announced the completion of its $8 billion acquisition of Qualtrics which brings critical real-time customer experience data to its customers. SAP CEO Bill McDermott explains how the combination of Qualtrics’ Experience Management (XM) Platform with SAP’s enterprise software and cloud services is not only a game changer for companies, but solidifies SAP as the
SAP CEO: We Out-Innovated Everybody Read More »
