Statistics

Small Business Problems [Infographic]

Did you know that the cost for small business owners to insure employees has gone up 103% in the last decade? Or that small businesses in the U.S. spend 60 billion annually on energy?

Small businesses are the engine that powers the American economy, but that doesn’t mean they are free of problems. From an uncertain economy to the complexity of tax codes, this infographic created by Bolt Insurance highlights the biggest issues. Here are a few facts from the graphic:

  • 52%: Providing health coverage is the #1 problem small business owners face
  • 41%: Survival rate of small business owners in retail
  • However: 72% of small business owners do feel the economy is improving

 

Small Business Problems infographic
Via: BOLT Insurance

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Gresham Harkless Jr.

Gresham Harkless is a Media Consultant for Blue 16 Media and the Blogger-in-Chief for CEO Blog Nation. CEO Blog Nation is a community of blogs for entrepreneurs and business owners. Started in much the same way as most small businesses, CEO Blog Nation captures the essence of entrepreneurship by allowing entrepreneurs and business owners to have a voice. CEO Blog Nation provides news, information, events and even startup business tips for entrepreneurs, startups and business owners to succeed.

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