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Tag Archives: Small Business

Statistics of Small and Medium Enterprises in Texas

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Small and medium scale businesses are one of the most vibrant sectors playing a good part in the economy of Texas. The significance of the small and medium enterprises are derivable for its capacity in the generation of employment, requirement for technology and low capital, use of local resources and inherited skill, organizing of resources and final exportability of products. This article furnishes statistics about Texas small and medium businesses.

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Filed under Business
Oct 30, 2014

Employers, Employees And Labor Unions Under National Labor Relations Act (NLRA)

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About NLRA
NLRA stands for National Labor Relations Act. The law gives the employees the right to organize and form unions in order to bargain collectively for better terms and conditions at workplace. This law provides provisions for employees to ensure their own interests and welfare by engaging in certain welfare activities and putting their demands collectively before their employer.

A new or existing employee is free to join any union as per his choice and he cannot be forced to make a choice. He can even choose to stay without joining any union. Unions give employees a means to address their grievances and stand unitedly against any injustice or violation of interests.

The Law also accommodates features to ensure that none of the parties misuse the law and the vested powers by virtue of this law by providing the guidelines for each party. The elections of the labor unions and the grievance handling is done by a body called the National Labor Relations Board (NLRB).

The law is not applicable to the Federal, State and local government bodies and mostly applies to the private firms only. These laws do not cover railway employees, agricultural and individual employees and their close relatives.

Provisions and guidelines for the unions
As per the provisions of the NLRA, the workers can form a union for their collective interests. They can organize and collectively discuss among themselves for better wages, work hours and other welfare issues and later discuss and bargain them with the employers.

Employers in the from of unions can work collectively to enhance the working conditions of the workplace and improve it in terns of safety and convenience.

Every employee under the law has the right to join or form an union. They can also choose to assist any of the union without joining it. But it is not mandatory on the part of the employee to join an union. It depends completely on his will whether to join or avoid a union. He cannot be forced by some union members to join his union.

Same ways, unions cannot threaten an employee with loosing a job for not joining the union. This is illegal under the law for the union to force an employee. An union cannot discriminate an employee on the ground that he does not belong to his union and if such employee comes with a grievance, it is the duty of the union to address it. An union should also not try to influence the hiring process by making some undue and unjustified recommendations.

The law has been established that the employees address and bargain collectively in a good faith over genuine things. Undue demands and issues should not be promoted by the unions under the cover of the law. Hence, tough they can do strikes and picketing; they should ensure that the reason is worth doing it.

Guidelines for employers
The employer should be mindful and considerate about the rights and the welfare of the employees and should not try to discourage union and its activities. Hence an employer should not threaten, force or lure someone in form of bribes to discourage some union activity or to avoid joining some union. An employer cannot simply demote, fire or discriminate a person because he is indulging in some union activity. This is against the law. Similarly as an employer, you cannot hinder or stop any union activity that is happening at times other than work time. Spying and video graphing the union activities that are legitimate is also a violation to the act.

An employer should take the labor unions in good faith and heed their grievances and address them if they are justified. The employer is also protected by the same law for any inappropriate activity of the labor unions. Hence an employer need to have faith in the law and abide by his set of guidelines.

Complaint systems
Any act of discrimination or violation of the law should be brought to the notice of the federal agency NLRB within six months. The law stands for vested interests of the employees and gives enough protection to the employer against any unlawful or illegitimate demand of the union.
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Filed under Business
Sep 11, 2014

Why Your Small Business Should Choose Online Advertising Today?

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ad serverAccording to the research report by “Ad-ology” about ‘planning of small businesses spending on advertisements in 2013’, which is generated by surveying 1,438 small businesses in USA in January 2013

  • 30.5% of small business spend more than $1000 every year for advertising their company and product in 2012. This includes both traditional and online advertisement. Businesses said that they increase this number in 2013 for spending on social media marketing, mobile marketing and digital marketing.
  • Most small businesses surveyed also say, they are planning to advertise on one-to-one basis. And therefore, they will choose email marketing and implement it by mid of 2013.
  • Some small businesses who newly adopted online advertising say their main preferences is for posting tweets and some social games or contests to gain attention of the users.
  • 20.5% of small businesses are planning to increase their spending on social media network.
  • 25% of small businesses are going to have their business website while 20% of them are optimizing their business website to be at the top of search engine result pages.
  • 30.5% of small businesses spend more money on mobile advertising like applications and texts for their promotion in 2013.ad server

From these points, it is clear that online advertising is growing and small businesses are planning to spend more money and time on online advertisements in future. It is because they are increasingly realizing the benefits of using online advertisements.

As the craze for online advertising is increasing among small businesses, the number of companies offering search engine optimization (SEO) and pay-per-click (PPC) services are increasing.

Businesses should be very careful when decided to have a website and optimize it with the help of a company providing SEO services. Before you approach a company, it is mandatory that you have a clear understanding of your own business. Businesses should know what their company products/services are? To whom they are targeting to? How your business should appear to users on Internet? Who are the competitors? etc.

After a serious research on your business, identify the terms which are strongly related to your business. These terms or words are called “keywords”. This part of the research is very crucial. There is nothing wrong,if more than enough time is taken in identifying your keywords.

Once the business is ready with the answers for above questions, you should choose the best SEO company. Have a detailed discussion on what you Ad server for ad networkswant, get some ideas from them that are useful for you, ask them about the previous assignments/projects they did and how they made that client’s company website stand on top of search engine results page list.

SEO is a time taking process and return on investment (ROI) cannot be expected immediately.

Choosing the good SEO company and knowing your business well will definitely help your business with more number of potential customers through your optimized website.

Filed under SMB's
Jul 12, 2013

Ireland SMEs – Basic Figures

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According to the statistics released by EU, the total share of Irish SMEs in all businesses is same as the EU average. It consists of very few micro enterprises. But the percentage of small enterprises present are twice as high as EU average and the share of medium-sized being significantly much higher.

Irish SMEs statistics:
The number of enterprises has grown remarkably by 18,000 (23 %), from 2002 to 2008, when compared to average EU-growth(13%). Employment growth in SMEs is also significantly higher than the EU average, reaching 21 %, matched the growth in the number of enterprises.

Of the total Irish SMEs, micro firms accounted for 82.8% in total enterprises, providing 20.9% of total employment of country. Small firms accounted for 14.1% in total enterprises, providing 24.6% employment. Medium-sized accounted for 2.7% in total enterprises, providing 23.0 % of employment.

The contribution of SMEs to total employment in Ireland (69 %) which is only slightly higher than the European average (67 %).

Based on the available figures, according to SBA principle, Ireland is positioned significantly above the EU-27 average. The main reasons for this achievement can be contributed to, online sales and purchasing activities and the share of SME staff with tertiary education, as they are supported by innovation-related indicators, such as the percentage of SMEs with innovation activities, the percentage of SMEs innovating in-house, the share of SMEs with income from new products or services and the share of SMEs turn-over from new products or services, all of which outperform the EU averages. The only indicator trailing the EU average in this category is the share of innovative SMEs cooperating with others in the total SME population, scoring 6 % versus 12 % EU average.

Filed under SMB's
Dec 27, 2010

US Small Business Facts of 2008: SBA

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Many of the nation wide new jobs are created by small businesses. They almost provide employment for about half of the nation’s private sector work force. They also provide half of the nations private real gross domestic product (GDP), nonfarm and also a significant share in innovations.
There was 1.1 percent increase in Real Gross Domestic Product this year. But during the fourth quarter, GDP was down 6.3 percent on annualized basis. There was modest growth in the first half of the year and there after, it saw sharp declines during the second half.

There was no hope in investment due to the significant declines in all the quarters except the third quarter. Small amount of decline was because of the real government consumption and gross investment. Real exports were down by 23.6 percent during the fourth quarter. There was instability in the financial markets.

There was a lot of struggle in small businesses because of downturn. There was a drop from 10.4 million in 2007 to 10.1 million in 2008 in average unincorporated self-employment. It was steady at 5.8 million on average during 2007 to 2008. The construction small firm industries lost 682,000 jobs in 2008.

Filed under SMB's
Nov 29, 2010

US Small Business After Crisis

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Small businesses in United States suffered a lot during 2007-2009 recession. As per a recent Deutsche Bank research survey, small businesses are showing an improvement in employment.

The key strengthening for the nascent US small business recovery is by improved sales outlook and access to financing. Small businesses have been slow in recovering because of deep losses in the most recent recession. First reason for this is that the construction sector which comprises of 86 percent of small firms was hard hit with recession and it has struggled a lot through out the downturn. The second reason is that the financial crisis. Due to recent recession, there were tighter terms of credit for loans to small businesses who relied more on traditional bank loans and other form of credit.

Uncertainty about the economy and lackluster sales are the main backlogs which are obstructing fast recovery of small businesses. According to a National Federation of Independent Business (NFIB) report published in February 2010, about 51 percent of small employers are finding slow or declining sales as their principal immediate economic problem. About 22 percent of them cited uncertainty and about 8 percent cited access to credit. Just 40 percent of the small businesses are trying to borrow in 2009.

There was also a negative impact of falling real estate values on small business owners’ ability and capacity to borrow as about 95 percent of small businesses were owning real estate.

There was also a fall in lending to small businesses as a result of the financial crisis. As per Federal Reserve, the loans to small businesses decreased from nearly USD 700 billion in second quarter of 2008 to circa USD 660 billion in first quarter of 2010.

Filed under SMB's
Nov 25, 2010

eWin Marketing Successfully Adds New Clients Across 6 Countries

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Released by: eWin Marketing

eWin Marketing successfully added new clients across 6 different countries by providing professional, result-oriented, and value based services. The affordable and timely solutions provided by eWin have been instrumental in expanding its client base across US, UK, Ireland, Canada, Indonesia and Barbados.

eWin Marketing is a specialist SEO (Search Engine Optimization) company focusing on small & emerging businesses looking for quality SEO services at affordable prices. eWin Marketing has been established by experienced SEO people with each key person having an experience of helping at least 300 websites get first page rankings on major search engines. eWin Marketing’s goal is to empower their clients to win online against their competition and dominate their markets.

eWin Marketing has a satisfied client base with more than 60% repeat client rate, which has rated eWin Marketing services on an average of 4.9 out of 5 from 21 client reviews managed by a third party. Also, 100% of eWin Marketing’s clients have recommended its services to others.

eWin Marketing has helped small and emerging businesses in increasing their online business leads as well as sales and profits by providing various Internet marketing services like Organic Search Engine Optimization, Local Search Listings, Link Popularity Building & Social Media Optimization.

eWin has streamlined and effective processes that deliver high quality services in a systematic way to keep their clients SEO investment low & stay ahead of their competitors.

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Filed under Press
Nov 11, 2010

Economy Recovery is Still Fragile for Small Firms to Hire New Staff: FSB

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The unemployment in UK as increased to 2.5 million. As per FSB Voice of Small Business Index, small firms are recovering but are not in a position to increase the staff.

According to a survey of 1,400 members of the Federation of Small Businesses, about 63 percent of small businesses expressed that they will keep employing new employees on hold till the next 3 months. This shows that the small firms are not yet ready to increase their staff members.

Small business firms are showing a steady growth as the economy is recovering. About 16 percent of small businesses are expecting their overall business performance to improve over the upcoming months.

Though the economy is recovering, still it is fragile. About 23 percent of the respondents are expecting that their business situation would worsen over the next quarter. About 2 in 5 small business firms are expecting no change in the performance of their business.

Filed under SMB's
Nov 4, 2010