quick facts about cyber security
Post on 07-Jan-2017
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The biggest issue impacting small business in 2014 is the U.S. tax structure.
47%
25%
20%
6%
2%
U.S. Tax Structure
Health Care Reform
Gov’t Regulations
Potential Gov’t Inaction
Immigration Reform
more infomore info
Small business owners are comfortable using technology, working on laptops more often
than other devices.
EXTREMELY
SOMEWHAT
NOT AT ALL
82%16%
2%
HOW COMFORTABLE?
40%
25%9% 26%
TIME SPENT ON EACH DEVICE
more info
85% of small business starts begin as new, stand-alone businesses.
The majority of startups are created as stand-alone businesses, primarily funded by the owner.
8% Purchased existing business
9%
How was the business funded? choose all that apply
3% Franchise
2% Additional Fed. ID
1% Non-profit
1% Something else BUSINESSLOAN
32% INVESTORFUNDING
76% PERSONALFUNDING
6% USED ALL 3
19% USED BOTH
more info
Finding new customers is the biggest challenge startups face.
#1 FINDING NEW CUSTOMERS
#2 MANAGING COSTS
#3 HAVING ENOUGH TIME FOR WORK
#4 PAYING BILLS
TOP BUSINESS CHALLENGES
Percentage of U.S. Workforce in 2015
31% 31%
31% 31%
35% 35%
Baby Boomers
Gen X
Millennials
Source: Bureau of Labor Statistics, Current Population Survey, 4/15
Percentage of U.S. Workforce in 2010
36% 36%
32% 32%
25% 25%
Baby Boomers
Gen X
Millennialssource
60% OF SMALL AND MEDIUM SIZE BUSINESSES THAT EXPERIENCE A DATA BREACH GO OUT OF BUSINESS AFTER SIX MONTHS
Statistics compiled by the National Cyber Security Alliance paint a disturbing portrait
of small business vulnerability:50%
OF SMALL BUSINESSESHAVE EXPERIENCED CYBER ATTACK 70%
OF ATTACKS TARGETSMALL BUSINESSES
75% OF EMPLOYEES LEAVE THEIRCOMPUTERS UNSECURED
almost
more than
as much as
more than
more info
The majority of startups report annual revenue of less than $1 million, but most say they are profitable.
YES 71% 18%NO
4% Unanswered
11% Unsure or Unanswered
Most small business owners are focused on actively running the business.
A greater proportion of those in newer startups are focused on
working in the business.
71% Runningthe business
23% Working inthe business
5% Hands offthe business
OF THOSE OWNERS FOCUSED ON WORKING IN THE BUSINESS, BEING AN EXPERT IN THE FIELD
STARTED-UP IN 2012-1366%
STARTED-UP IN 2010-1134%more info
70% PRIMARY INCOME
28% SUPPLEMENTAL INCOME
Small business owners started their business to provide primary income, prompted by an opportunity they felt they could capitalize on.
2% SOMETHING ELSE
WHAT PROMPTED OWNERS TO START A BUSINESS?
BUSINESS STARTED TO PROVIDE...
55% saw an opportunity to capitalize on
Small business owners are optimistic about the outlook in 2014.
94%OPTIMISTIC ABOUT THE COMPANY’S OUTLOOK IN THE NEXT 12 MONTHS. 6%PESSIMISTIC ABOUT THE COMPANY’S
OUTLOOK IN THE NEXT 12 MONTHS.
73%Approximately three-quarters of businesses expected their 2013 revenues and profits to be up over 2012.
YEAR-OVER-YEAR EXPECTATIONS76%
HIGHER PROFITSHIGHER REVENUES
82%COMFORTABLE USING
TECHNOLOGY
75%HAVE A COLLEGE
DEGREE OR HIGHER
64%LOCATED IN THE
SOUTHWEST
55%SAW AN OPPORTUNITY
TO CAPITALIZE ON
71% FOCUSED ON RUNNING THE BUSINESS DAY-TO-DAY
70% STARTED BUSINESS TO PROVIDE PRIMARY INCOME
94% OPTIMISTIC ABOUT COMPANY’S OUTLOOK
73% EXPECTED 2013 PROFITS TO BE UP FROM 2012
74%2-9 ACTIVE EMPLOYEES
69%EXPECT TO HIRE IN
THE NEXT 12 MONTHS
61%HAVE ONE LOCATION OUTSIDE THE HOME
51%OPERATE ONLY IN
THEIR HOME STATE
85% CREATED AS A NEW STAND-ALONE BUSINESS
71% THE BUSINESS IS PROFITABLE
79% LESS THAN $1 MILLION GROSS ANNUAL REVENUE
17% MORE THAN $1 MILLION GROSS ANNUAL REVENUE
36% of the venture capital invested in the entire United States.
The Bay Area produces more patents than anywhere else in the nation and attracts
Success in the area is nothing new. Not a single San Francisco-based bank
failed during the Great Depression. Business was so good, in fact, the city built the
Oakland Bay Bridge and Golden Gate Bridge.
2000 2006
$2 TrillionBoston has produced some of the nation’s
top innovators and entrepreneurs.
= the estimated combined revenue of active companies created by MIT alumni; laid out end-to-end, enough money for a
round-trip to the Sun.
102,000 graduates from Harvard Business School since its founding in 1908.
77% of all businesses have no employees...
...and most employers have
fewer than 20 employees.
Most of Missouri’s small businesses are very small.
The first neighborhood to get Google Fiber, known on the map as Hanover Heights, is known locally as the Kansas City Startup Village.
Kansas City has more barbecue restaurants per capita than any other city in the nation.
46%Of small business owners do not
fully understand what is expected to comply with the Affordable Care Act.
How prepared is your small business given
the changes to our health care system?
Do you understand what’s expected of your business in order to comply with the
requirements of the Affordable Care Act?
more info
48%
TOTALLY
36%
NOT AT ALL
16%
SOMEWHAT
bit.ly/snap-hcrNational Cyber Security Alliance
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