Small Business Saturday Marks 12 Years

In American Express’ latest Amex Trendex report, 72 percent of consumers said they prefer to shop at small businesses during the holidays to get more personalized and unique gifts, while 77 percent of respondents said they believe it’s more important than ever to support small businesses this holiday season. And for 72 percent of consumers, supporting small businesses means dining out at favorite local restaurants.

The Small Business Association defines a small business as one with fewer than 500 employees. In the U.S., there are 32.5 million small businesses. The companies with fewer than 20 employees total 23 million.

But the number of “mom-and-pop” merchants is small by comparison. According to IBISWorld, there are just over 151,000 businesses that categorize themselves as “small, specialtystores.” Many of those merchants were hard hit by the COVID-19 outbreak. The SBA said in a statement: “This year, we know that small businesses need our support now more than ever as they navigate, retool and pivot from the effects of the coronavirus pandemic.”to help shoppers find and support a small business.

For small businesses, American Express features tools and marketing materials as well as offers with various partner companies such as FedEx, Constant Contact and Intuit Quickbooks.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

How Amazon’s big private-label business is growing and leaving small brands to protect against knockoffsAmazon’s private label business is leaving small brands to protect themselves against knockoffs. KatieTarasov breaks down why you may be buying Amazon products without knowing it. KatieTarasov Oh. Are you saying Walmart, Safeway bunch of these folks dont have the data on what are best sellers All retailer chains have best sellers data. KatieTarasov I have lots of stories and represent a multitude of sellers. Please reach out if you need comments! KatieTarasov That's no why I've been doing that for 5 years I've been doing that
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Big Tech Companies Lay Off Thousands of WorkersOne after another, big tech companies laid off thousands of workers in recent months. See potential bias and similarities in coverage from CNBC, CNNBusiness and FoxBusiness: TechLayoffs Economy
مصدر: AllSidesNow - 🏆 572. / 51 اقرأ أكثر »