2009 Top 10 Small Business Trends

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Top 10 small business trends for 2009 from Emergent Research. Includes economic, demographic and technology trends and shifts. Presentation more detailed than live version to make it more self-explanatory

Business Actualités & Politique

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

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Organisational success today depends on effective communication and collaboration with individuals from cultures with varying beliefs and practices. Indeed, with the workforce increasingly comprised of people of varying cultural backgrounds, leaders must now prioritise the significance of cultural competence in the workplace. Ensuring cultural competence at every level of your organisation cannot be understated. While cultural disparities can manifest in different ways, as a leader, you must build deep and nuanced cultural competence skills and education to accurately spot, address and alleviate the various scenarios that can arise. Failing to recognise the importance of cultural competence or not acting to improve it can lead to cultural negligence. There are a few things to consider to ensure your organisation is on the right track. In this deck, you'll understand the importance of building cultural competence in the workplace. You'll also learn • The three (3) dimensions of Cultural Competence in the workplace • Key strategies to build a culturally competent workforce • Major benefits you stand to gain by having a culturally competent team.

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2009 Top 10 Small Business Trends

1. 2009 Top 10 Small Business Trends May 29 th , 2009 Carolyn Ockels & Steve King Emergent Research

5. 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

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2009 Top 10 Small Business Trends

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