Small Business Predictions for 2013

Small Business Predictions on Technology & Marketing Budgets for 2013 Majority of small businesses will spend their money on technology and marketing in 2013. 22.5% BUDGED of small business respon- dents said they are going to spend the majority of their budget on technology expenditures and growth 23.3% 20% said they would spend their budget on marketing said they will spend the majority of their budget on employees (potentially hiring)! Discretionary Income A large portion of the small business owners will spend discretionary income on paying 25% 15.6% 8.8% will be spending paying bills will spend discretionary income on travel will spend on transportation Social Media 1. Facebook 2. Linkedin 582 total respondents: f f in 3. Twitter 4. Google 5. Pinterest 50.5% 50.5% of small business owners will be focusing on these top 2 growing social media sites: Linked In • Facebook Expected Growth 88.8% New Jobs of small business owners expect their business to grow in 2013 Small businesses provided" [1] 60-80% New research2] shows small business growth has slowed and is at 1% below the Na- a trend that continues tional Employment Index. today even in the current business HOURS WORKED climate. NEW JOBS COMPENSATION HIGH TECH JOBS These jobs make up half of private In 2012, small business em- ployee compensation sector and increased while hours worked 39% decrease - this trend is likely to continue in 2013. of high tech jobs Resources: [1] http://www.entrepreneur.com/sbe/glance/index.html [2] http://index.intuit.com/ Brought to you by: MyCorporation entrepreneurs welcome www.mycorporation.com %24 Small Business Predictions on Technology & Marketing Budgets for 2013 Majority of small businesses will spend their money on technology and marketing in 2013. 22.5% BUDGED of small business respon- dents said they are going to spend the majority of their budget on technology expenditures and growth 23.3% 20% said they would spend their budget on marketing said they will spend the majority of their budget on employees (potentially hiring)! Discretionary Income A large portion of the small business owners will spend discretionary income on paying 25% 15.6% 8.8% will be spending paying bills will spend discretionary income on travel will spend on transportation Social Media 1. Facebook 2. Linkedin 582 total respondents: f f in 3. Twitter 4. Google 5. Pinterest 50.5% 50.5% of small business owners will be focusing on these top 2 growing social media sites: Linked In • Facebook Expected Growth 88.8% New Jobs of small business owners expect their business to grow in 2013 Small businesses provided" [1] 60-80% New research2] shows small business growth has slowed and is at 1% below the Na- a trend that continues tional Employment Index. today even in the current business HOURS WORKED climate. NEW JOBS COMPENSATION HIGH TECH JOBS These jobs make up half of private In 2012, small business em- ployee compensation sector and increased while hours worked 39% decrease - this trend is likely to continue in 2013. of high tech jobs Resources: [1] http://www.entrepreneur.com/sbe/glance/index.html [2] http://index.intuit.com/ Brought to you by: MyCorporation entrepreneurs welcome www.mycorporation.com %24 Small Business Predictions on Technology & Marketing Budgets for 2013 Majority of small businesses will spend their money on technology and marketing in 2013. 22.5% BUDGED of small business respon- dents said they are going to spend the majority of their budget on technology expenditures and growth 23.3% 20% said they would spend their budget on marketing said they will spend the majority of their budget on employees (potentially hiring)! Discretionary Income A large portion of the small business owners will spend discretionary income on paying 25% 15.6% 8.8% will be spending paying bills will spend discretionary income on travel will spend on transportation Social Media 1. Facebook 2. Linkedin 582 total respondents: f f in 3. Twitter 4. Google 5. Pinterest 50.5% 50.5% of small business owners will be focusing on these top 2 growing social media sites: Linked In • Facebook Expected Growth 88.8% New Jobs of small business owners expect their business to grow in 2013 Small businesses provided" [1] 60-80% New research2] shows small business growth has slowed and is at 1% below the Na- a trend that continues tional Employment Index. today even in the current business HOURS WORKED climate. NEW JOBS COMPENSATION HIGH TECH JOBS These jobs make up half of private In 2012, small business em- ployee compensation sector and increased while hours worked 39% decrease - this trend is likely to continue in 2013. of high tech jobs Resources: [1] http://www.entrepreneur.com/sbe/glance/index.html [2] http://index.intuit.com/ Brought to you by: MyCorporation entrepreneurs welcome www.mycorporation.com %24