The biggest issue impacting small business in 2014 is the U.S. tax structure.

47%

25%

20%

6%

2%

U.S. Tax Structure

Health Care Reform

Gov’t Regulations

Potential Gov’t Inaction

Immigration Reform

more infomore info

Small business owners are comfortable using technology, working on laptops more often

than other devices.

EXTREMELY

SOMEWHAT

NOT AT ALL

82%16%

2%

HOW COMFORTABLE?

40%

25%9% 26%

TIME SPENT ON EACH DEVICE

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85% of small business starts begin as new, stand-alone businesses.

The majority of startups are created as stand-alone businesses, primarily funded by the owner.

8% Purchased existing business

9%

How was the business funded? choose all that apply

3% Franchise

2% Additional Fed. ID

1% Non-profit

1% Something else BUSINESSLOAN

32% INVESTORFUNDING

76% PERSONALFUNDING

6% USED ALL 3

19% USED BOTH

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Finding new customers is the biggest challenge startups face.

#1 FINDING NEW CUSTOMERS

#2 MANAGING COSTS

#3 HAVING ENOUGH TIME FOR WORK

#4 PAYING BILLS

TOP BUSINESS CHALLENGES

Percentage of U.S. Workforce in 2015

31% 31%

31% 31%

35% 35%

Baby Boomers

Gen X

Millennials

Source: Bureau of Labor Statistics, Current Population Survey, 4/15

Percentage of U.S. Workforce in 2010

36% 36%

32% 32%

25% 25%

Baby Boomers

Gen X

Millennialssource

60% OF SMALL AND MEDIUM SIZE BUSINESSES THAT EXPERIENCE A DATA BREACH GO OUT OF BUSINESS AFTER SIX MONTHS

Statistics compiled by the National Cyber Security Alliance paint a disturbing portrait

of small business vulnerability:50%

OF SMALL BUSINESSESHAVE EXPERIENCED CYBER ATTACK 70%

OF ATTACKS TARGETSMALL BUSINESSES

75% OF EMPLOYEES LEAVE THEIRCOMPUTERS UNSECURED

almost

more than

as much as

more than

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The majority of startups report annual revenue of less than $1 million, but most say they are profitable.

YES 71% 18%NO

4% Unanswered

11% Unsure or Unanswered

Most small business owners are focused on actively running the business.

A greater proportion of those in newer startups are focused on

working in the business.

71% Runningthe business

23% Working inthe business

5% Hands offthe business

OF THOSE OWNERS FOCUSED ON WORKING IN THE BUSINESS, BEING AN EXPERT IN THE FIELD

STARTED-UP IN 2012-1366%

STARTED-UP IN 2010-1134%more info

70% PRIMARY INCOME

28% SUPPLEMENTAL INCOME

Small business owners started their business to provide primary income, prompted by an opportunity they felt they could capitalize on.

2% SOMETHING ELSE

WHAT PROMPTED OWNERS TO START A BUSINESS?

BUSINESS STARTED TO PROVIDE...

55% saw an opportunity to capitalize on

Small business owners are optimistic about the outlook in 2014.

94%OPTIMISTIC ABOUT THE COMPANY’S OUTLOOK IN THE NEXT 12 MONTHS. 6%PESSIMISTIC ABOUT THE COMPANY’S

OUTLOOK IN THE NEXT 12 MONTHS.

73%Approximately three-quarters of businesses expected their 2013 revenues and profits to be up over 2012.

YEAR-OVER-YEAR EXPECTATIONS76%

HIGHER PROFITSHIGHER REVENUES

82%COMFORTABLE USING

TECHNOLOGY

75%HAVE A COLLEGE

DEGREE OR HIGHER

64%LOCATED IN THE

SOUTHWEST

55%SAW AN OPPORTUNITY

TO CAPITALIZE ON

71% FOCUSED ON RUNNING THE BUSINESS DAY-TO-DAY

70% STARTED BUSINESS TO PROVIDE PRIMARY INCOME

94% OPTIMISTIC ABOUT COMPANY’S OUTLOOK

73% EXPECTED 2013 PROFITS TO BE UP FROM 2012

74%2-9 ACTIVE EMPLOYEES

69%EXPECT TO HIRE IN

THE NEXT 12 MONTHS

61%HAVE ONE LOCATION OUTSIDE THE HOME

51%OPERATE ONLY IN

THEIR HOME STATE

85% CREATED AS A NEW STAND-ALONE BUSINESS

71% THE BUSINESS IS PROFITABLE

79% LESS THAN $1 MILLION GROSS ANNUAL REVENUE

17% MORE THAN $1 MILLION GROSS ANNUAL REVENUE

36% of the venture capital invested in the entire United States.

The Bay Area produces more patents than anywhere else in the nation and attracts

Success in the area is nothing new. Not a single San Francisco-based bank

failed during the Great Depression. Business was so good, in fact, the city built the

Oakland Bay Bridge and Golden Gate Bridge.

2000 2006

$2 TrillionBoston has produced some of the nation’s

top innovators and entrepreneurs.

= the estimated combined revenue of active companies created by MIT alumni; laid out end-to-end, enough money for a

round-trip to the Sun.

102,000 graduates from Harvard Business School since its founding in 1908.

77% of all businesses have no employees...

...and most employers have

fewer than 20 employees.

Most of Missouri’s small businesses are very small.

The first neighborhood to get Google Fiber, known on the map as Hanover Heights, is known locally as the Kansas City Startup Village.

Kansas City has more barbecue restaurants per capita than any other city in the nation.

46%Of small business owners do not

fully understand what is expected to comply with the Affordable Care Act.

How prepared is your small business given

the changes to our health care system?

Do you understand what’s expected of your business in order to comply with the

requirements of the Affordable Care Act?

more info

48%

TOTALLY

36%

NOT AT ALL

16%

SOMEWHAT

bit.ly/snap-hcrNational Cyber Security Alliance