Tag - study

Seize Holiday Sales 2020 Opportunities Using These Insights from Visa

Holiday sales 2020 prospects remain high for the most prepared small businesses despite COVID-19, a recent Visa study reveals. The Visa Back to Business Study: Holiday Edition finds that despite the pandemic, 88% of consumers plan to go holiday shopping this year. For the report, Visa surveyed people in eight markets, including the US, Canada,...

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Most Business Leaders Believe 2020 Presidential Election Will Affect Small Businesses

Most business leaders in the US believe that the outcome of the 2020 presidential election will affect their businesses. For its Small Business Recovery Survey, Verizon Business focuses on 600 small and medium businesses that are currently open or are planning to reopen. In addition to the impact of the 2020 presidential election, the study...

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COVID Fuels Small Business Innovation, QuickBooks Study Finds

Some entrepreneurs are looking to small business innovation to stem the negative impacts of COVID-19 on the sector. In the new What’s next for the small business economy? report, Intuit QuickBooks surveyed 965 small business owners to gauge both the state of small business and what’s in its future. It finds some changes that are expected,...

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Digital Transformation Is Crucial for Longevity, According to Cisco Study

A new study reveals just how much the COVID-19 pandemic is accelerating small business digital transformation. With this modernization increasingly becoming a necessity, both networking giant Cisco and market intelligence firm IDC recommend eight steps entrepreneurs can take now. These insights are from the 2020 Small Business Digital Maturity Study, commissioned by Cisco. IDC’s analysis...

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Digital B2B Payments Adoption a Pandemic Silver Lining

An upside to the pandemic according to small business owners is the adoption of digital B2B payments. Mastercard found in a recent study that 57% of small businesses increased their use of digital systems for business-to-business payments amid the COVID-19 crisis. A majority of business owners (82%) said they changed the way their business sends and...

Financial Health Trumps Physical Health for Employees Amid COVID-19

Employees of small businesses are more concerned about their financial health than their physical health amid the pandemic. According to a new study by MetLife, 55% of small business employees express concern about their financial health during the COVID-19 crisis. That’s higher than the 41% who worry about their physical health. In fact, concern about financial...

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Small Business Crisis Possible as Aid Dries Up

Small businesses should be vigilant as government aid amid the coronavirus pandemic is seen drying up. A new study by LendingTree found that the end of federal aid has the potential to cause a small business crisis. Entrepreneur and keynote speaker Ramon Ray commented that Covid-19 has sapped the cash flow of millions of small...

Facebook Study Says Global State of Small Business is Bleak. Is there a solution?

Small business growth has always been challenging, it's even tougher these past few months. The state of small business owners outside of the USA is often even bleaker as most developing countries can't offer the support for their smallest companies that we have in the USA or in most developed countries. The Future of Business...