Where Are Small Businesses Making a Comeback?

WHERE ARE SMALL BUSINESSES MAKING A COMEBACK? SMALL BUSINESS PROFITS AND REVENUE ACROSS THE U.S. Profit Growth Among Small Businesses in the U.S. Percent Change from 2009-2010 -30 > 0 1> 20 21 > 40 1 41 > 60 1 61 > 80 A Top 5 States V Bottom 5 States ▼ 1. IDAHO Small Business Profit 2009: $13,697 Small Business Profit 2010: $10,876 Percent Change: -21% A1. VERMONT Small Business Profit 2009: $8,570 Small Business Profit 2010: $14,618 Percent Change: 71% A 3. NEW HAMPSHIRE Small Business Profit 2009: $11,302 Small Business Profit 2010: $18,478 Percent Change: 67% A 2. MASSACHUSETTS Small Business Profit 2009: $11,317 Small Business Profit 2010: $19,117 Percent Change: 69% A 5. NEBRASKA Small Business Profit 2009: $10,126 Small Business Profit 2010: $16,282 Percent Change: 61% A 4. RHODE ISLAND Small Business Profit 2009: $10,858 Small Business Profit 2010: $18,014 Percent Change: 66% V 2. WEST VIRGINIA Small Business Profit 2009: $12,733 Small Business Profit 2010: $11,929 Percent Change: -6% V 5. ALASKA Small Business Profit 2009: $11,510 Small Business Profit 2010: $12,225 Percent Change: 6% V 3. LOUISIANA Small Business Profit 2009: $18,946 Small Business Profit 2010: $19,171 Percent Change: 1% V 4. MISSISSIPPI Small Business Profit 2009: $15,644 Small Business Profit 2010: $16,321 Percent Change: 4% Revenue Growth Among Small Businesses in the U.S. Percent Change from 2009-2010 -50 > -40 I-39 > -30 I-29 > -20 1-19 > -10 I-9 > 0 A Top 5 States V Bottom 5 States V 3. NORTH DAKOTA Small Business Revenue 2009: $108,797 Small Business Revenue 2009: $81,351 Small Business Revenue 2010: $69,944 Percent Change: -36% A1. SOUTH DAKOTA A 3. VERMONT Small Business Revenue 2009: $85,487 Small Business Revenue 2010: $72,787 Percent Change: -15% Small Business Revenue 2010: $79,815 Percent Change: -13% 2. MASSACUSETTS Small Business Revenue 2009: $120,215 Small Business Revenue 2010: $102,826 Percent Change: -14% A 5. PENNSYLVANIA Small Busines Revenue 2009: $118,117 Small Business Revenue 2010: $98,910 Percent Change: -16% V 5. WEST VIRGINIA Small Business Revenue 2009: $117,347 Small Business Revenue 2010: $81,085 Percent Change: -31% V 4. ARKANSAS Small Business Revenue 2009: $112,987 Small Business Revenue 2010: $75,779 Percent Change: -33% A 4. NORTH CAROLINA Small Business Revenue 2009: $107,034 Small Business Revenue 2010: $89,784 Percent Change: -16% ▼ 1. ALASKA Small Business Revenue 2009: $97,500 Small Business Revenue 2010: $57,270 Percent Change: -41% V 2. MISSISSIPPI Small Business Revenue 2009: $134,843 Small Business Revenue 2010: $86,472 Percent Change: -36% PROFITS BY SMALL BUSINESS (Compared to last year) 2009 I 2010 Agriculture and Fishing Wholesale Trade and Distributors Manufacturing and Mining Information, Broadcasting and Motion Picture Retail Computer Systems Design and Related Services Design Services Religious, Grantmaking, Nonprofit, Civic and Similar Groups Rental and Leasing Services Animal Services Administrative Services Construction Educational Services Repair and Maintenance Services Performing Arts, Spectator Sports and Related Industries Consulting, Professional & Technical Services Miscellaneous Services Transportation and Warehousing Amusement, Gambling & Recreation Architectural, Engineering and Related Services Family Services Food Services and Drinking Places Accommodation Finance and Insurance Accounting & Legal Services Health Care Services 0 5 10 15 20 25 30 35 40 45 Thousands of U.S. Dollars HOW ARE DIFFERENT SIZE BUSINESSES DOING SO FAR THIS YEAR? Compared to last year, profit margins for the following small business sizes across America have grown. Laid out below are the changes seen from 2009 to 2010. 20 15 10 Less than $100K $100K-$250K $250K-$500K $500K-$1M Over $1M Source: Aggregated data from 134,900 small businesses using QuickBooks Online QuickBooks Online intuit. Percent Change