Guide to small business spending
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Learn more about small business spending with this great infographic.
Want to understand small businesses better?
This great infographic from Quickbooks (analysing the data of 35,000 small businesses) breaks down their expenditure.
Interesting insights:
• They are all cutting back on expenses!
• Payroll dominates their expenses!
• Advertising is (reasonably) low on the list at just 4% of their expenses. This is right next to office supplies.
• Personality types. Everyone is either a Penny Pincher or an Investor. No-one is living the good life, or "can't resist the latest fashion".
Check it out, and think about how you might apply this.
For example, how can you help them maximise their investment in payroll?
Here's the link: http://blog.intuit.com/trends/how-small-businesses-are-spending/
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