Since the economy dipped into recession, talk of “tightening the belt” has swept America. We evaluated aggregate data from small businesses using QuickBooks Online via Intuit Trends to get a snapshot of how small businesses have been spending since the recession hit, and it should come as no surprise that small businesses across the board have cut back expenses since the nation hit hard times. Here’s a look at the details. Click the infographic for an enlarged view.
Infographic by Column 5.
The lack of consumer confidence is driving down spending. This is hurting the small business community. No longer is it "when can you start" it's, "I'm getting 4 quotes". The emphasis has to be on selling and providing a service. not just doing a job for the cheapest dollar.
Great information for small business planning.
Small business are getting hurt by big company's like walmart making it all most impossible to compete.In the old days the government just to give grants to help this small business but I'm afraid those days are gone.
Very interesting studie. Could you give more details about the small business cutting back. How can i inderstand 16966 $ for example ? What king of expense it covers ? By employee ? Can you tell me what do you mean with "services" whan you speak about how small business spend ?Best Regards
I for one, am not worried. The DOW is up, and the benefits will trickle down. It's just a matter of time before the recovery spreads to small businesses. Then we can resume our rightful place as the dynamo of continuing growth.
Brilliant infographic!Small businesses are the true drivers of the modern economy. It is extremely frightening to see these statistics representing just how dramatically they are cutting back.The breakdown of expenses are also fascinating. I thought it was just us who had such a large payroll, its good to see that we're not the only one.
And this is why internet business is becoming more common, less payroll.There is no way to save on the bottom line.
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[...] How Small Businesses Are Spending Intuit Small Business Blog. Interesting statistics here including the percentages that are spent by category. Could be interesting to compare to your own business. [...]
[...] それではまた、Intuit Small Business Blog「How Small Businesses Are Spending」より、アメリカの中小企業を取り巻く状況についてのインフォグラフィックスを紹介したいと思います。結論から言うと、彼の国でも景気はよろしくないらしく、支出を削りながらなんとか生き延びようとしている現状について説明されています。（いやしかし、アメリカって何でもかんでもインフォグラフィックスにするのが流行っていますね。日本の中小企業白書もこれくらビジュアライズされていれば、わりと読者が増えるとは思うんですけどね。） [...]
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