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
Via: BOLT Insurance