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It Figures 07/05

Firing employees for blogs, working outside the office and more

This story appears in the July 2005 issue of Entrepreneur. Subscribe »

Small-business owners spend

27% of

their time working outside their offices.

Statistic Source: "The HP 2005 Small Business Survey"

72%

say what they like most about being a small-business owner is contributing to the local community.

Statistic Source: "The HP 2005 Small Business Survey"

25% of

survey respondents say it's acceptable to fire an employee because of something he or she posted on a blog.
Statistic Source: "Hostway Blog Survey"

An estimated

10% of

retail sales will occur online by 2008.

Statistic Source: Infosoft Research

61% of

U.S. executives say Spanish is the most useful second language in business.

Statistic Source: TheLadders.com

21% of

U.S. adults have formulated a business plan.
Statistic Source: Register.com survey by Harris Interactive

Where do small-business owners seek advice?
Individual mentors

Social networks

Trade associations

Business advisors

Internet

Chambers of commerce

52%

51%

44%

36%

31%

27%

The business skills entrepreneurs would most like to improve:
Customer service

Marketing

Financial planning

Decision making

Negotiations

HR

71%

67%

49%

45%

42%

29%

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