2009top10smallbusinesstrends 090528112514 Phpapp02

2009 Top 10 Small Business Trends May 29 th , 2009 Carolyn Ockels & Steve King Emergent Research

Emergent Research ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

The Entrepreneurial Economy is Here ,[object Object],[object Object],[object Object],[object Object],[object Object]

The Long Term Drivers of Economic Decentralization and the Growth of Small Business ,[object Object],[object Object],[object Object],[object Object],[object Object],Three Eras of Transformation Leads to Growth of Small Business

27 Million U.S. Small Businesses Only 17,000 businesses with more than 500 employees Large Small Business Mid Market Micro & Personal About 2/3 of Personal Businesses are Significant Contributors to Family Income Main Street Sources: Intuit Main Street Quant Survey 2006, Intuit Segmentation Survey 2008, US Census data 2008 & 2009, US BLS data 2008 & 2009, Emergent Research estimates 2009 $65k $31M 5-19 100 - 499 Average Revenues $1.2M $6.1M # of Firms 1.8M 630K 90K 24.5 M # of Employees 20-99 0-4

The Next Decade The New Artisan Economy ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: New Artisan Economy research report (www.intuit.com/futureofsmallbusiness)

2009 Top 10 Small Business Trends ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

The Recession is Dominant Issue for Small Business in 2009 – And Drives Innovation ,[object Object],[object Object],[object Object],Economic Trends

Government Plays an Increasing Role in the Economy ,[object Object],[object Object],[object Object],Economic Trends

Global Infrastructure and Stimulus Spend ,[object Object],[object Object],[object Object],Economic Trends Source: The Stimulus Package: What it Means for Growing Businesses (www.myventurepad.com)

Small Business Numbers Will Increase in 2009 ,[object Object],[object Object],[object Object],Economic Trends Source: Warrillow, SBA; employer businesses only.

Small Business Globalization Will Temporarily Slow ,[object Object],[object Object],[object Object],Economic Trends

Baby Boomers Will Work Past Retirement Age ,[object Object],[object Object],[object Object],[object Object],Small Business Formation by Age Avg 45-54 55-64 65+ 27% More likely to start a smallbiz Sources: Kauffman Foundation, US Census Demographic Trends

Generation Y Will Turn to Small Business ,[object Object],[object Object],[object Object],[object Object],Percentage of Teens Who Want to Work For: % Someone Else Themselves Source: Gallup Poll Demographic Trends

Mobile Computing Continues Strong Growth ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Technology Trends

Cloud Computing Becomes Mainstream for Small Business ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Technology Trends

Small Business Expands Use of Online Marketing ,[object Object],[object Object],[object Object],[object Object],[object Object],Technology Trends

2009top10smallbusinesstrends 090528112514 Phpapp02

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