Small Business Association, SBA Loans

The problems that small businesses face

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, here are a few numbers to illustrate the issues that small business owners face:

103 percent: The cost for small business owners to insure employees has gone up 103% in the last decade

$60 billion: Small businesses in the U.S. spend 60 billion annually on energy

52 percent: Of owners say providing health coverage is the No. 1 problem small business owners face

41 percent: Survival rate of small business owners in retail
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, here are a few numbers to illustrate the issues that small business owners face:

103 percent: The cost for small business owners to insure employees has gone up 103% in the last decade

$60 billion: Small businesses in the U.S. spend 60 billion annually on energy

52 percent: Of owners say providing health coverage is the No. 1 problem small business owners face

41 percent: Survival rate of small business owners in retail

Small Business Problems infographic
Via: BOLT Insurance

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AZ Business Magazine

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Over the past 30 years, AZ Big Media has grown to encompass not just Az Business magazine, but also a whole host of other publications and signature events. Az Business magazine is the state’s leading business publication. Published by AZ Big Media, the magazine covers a wide-range of topics focusing on the Arizona business scene, and is aimed at high-level corporate executives and business owners.