Resources and Knowledge for the Small Business CEO

SMALL BUSINESS CEO

December 9th, 2005 at 3:50 pm

Challenges Facing Small Businesses

A new study entitled “Survey of Small and Mid-Sized Businesses: Trends for 2000” prepared by Arthur Andersen provides an interesting peek into the challenges and opportunities faced by the small businesses. This year’s report pays particular attention on the impact of the Internet and technology on small businesses.

According to the study, majority of small businesses (61 percent) considers finding and retaining qualified workers as the most significant challenge to the growth and survival of their business. Other major concerns of small businesses include: state and federal regulations (35 percent), economic uncertainty (29 percent)…

Click Here to Learn More About This Study

 

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