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
Via: BOLT Insurance