It Figures 10/05

The cost of complying with federal regulations, wasting time at work and more
2 min read

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

Only the Loan-ly

Where do go to borrow ?
56%of businesses have at least one loan outstanding.
29%have at least one transaction loan from a nonbank lender outstanding.
25%have at least one transaction loan from a bank outstanding.
25%have at least one line of from a bank outstanding.
5%have at least one line of credit from a nonbank lender outstanding.
Source: , "Availability of Financing to Small Firms Using the Survey of Finances"

Take Our Word For It...

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All Marketers Are Liars: The Power of Telling Authentic Stories in a Low-Trust World by Seth Godin, $23.95
and the 4E's of : How to Put GE's Leadership Formula to Work in Your Organization by Jeffrey A. Krames, $21.95
iCon: Steve Jobs, The Greatest Second Act in the History of Business by Jeffrey S. Young and William L. Simon, $24.95
Success: Advice on Achieving Your Goals from Remarkably Accomplished People, edited by J. Pincott, $14.95
Source: SBA, "Availability of Financing to Small Firms Using the Survey of Small Business Finances"

39% of

end users admit clicking embedded links in spam;


have purchased products or services from spam e-mails.
Statistic Source: Mirapoint/Radicati Group
Complying with federal regulations costs businesses with fewer than 20 employees nearly

$7,000 per


60% more

than larger firms.
Statistic Source: SBA Office of Advocacy

45% of

small businesses will upgrade their desktop applications within the year.
Statistic Source: In-Stat

48% of

employees say they travel for work less frequently compared to five years ago.
Statistic Source: Robert Half International
The average worker wastes more than

2 hours

every day.
Statistic Source: AOL/

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