Today’s infographic is brought to you by our friends at Harborcove!:
“Small businesses employ the majority of American workers. We’ve gathered data from various sources to give you an idea of the big picture in the lending industry, among other small business statistics. Many small business owners are skeptical on lending and how it will affect their business, both positively and negatively. After the recession, lenders expected a drop in lending from small businesses; however, they’ve stood strong in tough times and the economy shows some signs of hope. Lending is on the rise and most lenders are now expecting more in the near future. Take a look at some of these statistics around small businesses, factoring, and SBA-backed lending and let us know what you think is in store for the future!” Continue reading
When you think of Halloween, you typically think about pumpkins, costumes, cotton cob webs, parties, and the mass amounts of candy being consumed. Though there’s another side to Halloween we often don’t think about: the numbers behind the whole operation! Have you ever wondered just what the percentage of Halloween celebrators visit haunted houses each year? Or how about just how much money is spent on candy in honor of the holiday?
In “Spooktacular Business Stats: Halloween by the Numbers” we break down Halloween by the statistics that make this holiday what it is! Continue reading
Do you know what your entrepreneurial style is like? Our latest infographic is a handy flowchart to help you decide if you’re a solopreneur, mompreneur or dadpreneur, social entrepreneur, or partnership. And once you figure out the kind of ‘trep you are, check out what our panel of 75 small business experts have to say about the kind of entrepreneur they classify themselves as!
Want to start a small business this summer, but aren’t sure where to begin? Here at MyCorporation, we researched the six biggest business trends taking off in summer 2014 in our latest infographic. From barbecue and grill sales to ice cream trucks, we’re exploring the annual growth of each of these industries, yearly revenue, and plenty of cool facts that you’d have never guessed otherwise. (Who knew Saturdays are statistically proven to be the busiest day of the week for car wash facilities?)
What roles do entrepreneurs play in the future of business? Here at MyCorporation, we’re taking a closer look at entrepreneurs of all ages, especially young entrepreneurs, in our latest infographic as we examine the ages small business owners are when they first get started, their education background, and just how many businesses comprise our current economy.
The 2014 tax season is here and here at MyCorporation, we’re taking a closer look at taxes in the United States and throughout the world in our latest infographic. Curious about where your tax dollars go? How the state corporate income tax rates vary throughout the U.S. and how they’re compared from all around the world? And what do we plan on doing with our tax refunds this year, anyway? Find out the answers to these questions and more below!
What business decision did you make in 2013 that you want to repeat again in 2014? We polled our network of small business owners to get their tips on what they want to doing again in 2014 and why it helped to strengthen their business. From providing value to clients through education to engaging a mentor, check out all of these tips and more in our latest infographic!
Here at MyCorporation, we’re wrapping up the year with a look back at the business trends of 2013 in the United States in our latest infographic. From our own website data, we studied growing businesses and discovered that the largest area of growth was within micro sized businesses while by the industry, mining, quarrying, oil and gas extraction tied with professional, scientific, and technical services. The small business outlook for 2014 is one that is quite positive, with 65% of the 951 businesses we surveyed expecting growth opportunities to increase and 53% of businesses expecting to hire more employees for their teams. Our infographic also explores what skills from employees are most in demand, policies most likely to lead to job creation, financial trends in capital acquisition, and the growing industries we can expect to see in 2014.
In order to legally conduct business, a small business needs to have a business license. But what is a business license and who requires the most licenses? What types of licenses and permits are there? And what are the roles of these licenses within a small business? This month, the team at MyCorporation has worked to create an infographic that answers all these questions and more – business licenses: explained!
All throughout the month of October, we’ve been exploring LLCs vs Corporations at MyCorp – even more than we already do! The big question we keep revisiting are the LLCs vs Corporations themselves. Should a business become an LLC or corporation? Is there a “right” entity to form for your own business? We created an infographic that compares and contrasts the two together to find out.