The National Small Business United -
Arthur Andersen Survey of Small & Mid-Sized Businesses has found that small businesses are taking a leading role in the economy.
Here's some interesting points:
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There are 22 million non-farm related small businesses in the United States.
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Small businesses employ 53 percent of the private workforce.
** Small firms are responsible for 47 percent of all sales in the U.S. and 50 percent of the private gross domestic product.
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Exports have accounted for almost 70 percent of the growth in the U.S. economy since 1989.
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44 percent of responding companies are using the Internet. Of the companies that have a website,
87 percent use it to reach new customers, 56 percent have a site to sell goods or services, 45 percent use their web site to disseminate information more efficiently.
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85 percent of businesses said tax-related concerns were among the three most important issues affecting their business.
In addition, finding qualified employees has grown in importance. 27 percent of the companies cited a lack of qualified workers as a top challenge to the growth and survival of their business.
We recommend you take the time to review your policy coverages as your company grows with your agent or broker.
It's also important to shop your insurance premium and coverages to see if you have the best available...
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Insurance
needs are different for each and every client that we
serve. We realize that at times we are judged by
the company we keep. We continually evaluate new
companies that may be an asset to your business or
personal security..
