📺 Stream EntrepreneurTV for Free 📺

The Cost of Doing Business Statistics <b></b>

entrepreneur daily

Return fraud is expected to cost retailers $3.5 billion during the holiday season and $9.6 billion in total for 2006.
--National Retail Federation, November 2006

Personal financial stress is estimated to cost businesses $100-150 billion annually.
--Debt-Free America, October 2006

The average family premium rose 7.7% in 2006.
--Kaiser Family Foundation and Health Research and Educational Trust, September 2006

Small businesses spent more than $4.3 trillion in non-card expenditures in 2005.
--VISA USA, September 2006

There are an estimated 23 million shoplifters in the US, costing retailers more than $27 million each day.
--Shopliftingprevention.org, September 2006

The average small business owner spends $7,646 per employee staying in compliance with government regulations.
--SBA, July 2006

The average caregiver costs an employer $2,110 per year.
--MetLife Mature Market Institute, July 2006

Workers taking home office supplies costs businesses an estimated $52 billion a year.
--Employeetheft.com, June 2006

1 in 5 workers age 18 to 24 did not feel it was wrong to take home office supplies from work.
--Spherion Workplace Snapshot, June 2006

67% of U.S. industrial manufacturers are absorbing higher energy costs rather than passing them through to customers.
--Barometer Surveys, May 2006

85% of business owners believe that price is the most important factor when selling their business.
--Center for Women's Business Research, May 2006

42% of small business owners have reduced their energy use in response to higher energy costs.
--Open from American Express, May 2006

56% of small business owners use the internet to purchase supplies.
--Open from American Express, May 2006

65% of retailers say their expenditures for CRM will increase this year.
--Ogden Associates, March 2006

Small businesses account for 29% ($4.7 trillion) of commercial spending in the U.S.
--Visa USA, February 2006

40% of small business owners said their greatest expense in 2006 will be payroll.
--MasterCard International, January 2006

40% of business owners say their greatest expense is their payroll.
--MasterCard, December 2005

33% of U.S. households spend more than $200 a month for entertainment and communications.
--AP-Ipsos, December 2005

33% of small-business owners say they've reduced energy use to save money post-Katrina.
--OPEN from American Express, October 2005

65% of small-business owners say higher energy costs have a significant or moderate impact on their business.
--OPEN from American Express, October 2005

45% of U.S. workers say their company is making cost-cutting efforts that have negatively impacted their quality of goods and services.
--Harris Interactive, September 2005

65% of office product purchasers say there are no free snacks at their place of business.
--Quill Corporation, July 2005

57% of office product purchasers say a clean breakroom is directly related to the success of a business.
--Quill Corporation, July 2005

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Kevin O'Leary Says This Is a 'Huge Red Flag' When He's Looking at Resumes

The "Shark Tank" star took to X to share his opinions on job hopping — and how long you should really stay in a job.

Business News

The Met Museum, OpenAI Created an AI Chatbot With the Persona of a 1930s Socialite for a New Exhibit

The finale of the Costume Institute's latest fashion exhibit features a wedding dress worn 94 years ago by New York socialite Natalie Potter and an AI chatbot with her vibe.

Side Hustle

The Sweet Side Hustle She Started in an Old CVS Made $800,000 in One Year. Now She's Repeating the Success With Her Daughter — and They've Already Exceeded 8 Figures.

Mother-daughter team Elisabeth and Gina Galvin are taking their snack brand Stellar Snacks to new heights, literally — you've probably seen their products in-flight.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.