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Best. Website. Ever.

by Jim on June 2, 2008

I recently came across the coolest website ever at the National Federation of Independent Business. The website is 411SmallBusinessFacts.com.

I have to be careful, I could read this all day.

This website has compiled the results of over 2000 small business surveys

For instance did you know that Sixty-one (61) percent of small-employer taxpayers typically consult a tax professional prior to making a major financial decision for the business? Or that Thirty-nine (39) percent say that they originally went into the business with one or more family members. Almost three-quarters of inherited businesses were transferred to more than a single family member?

Here there is verifiable information. I no longer have to say, “Well….you know…they say….” Instead I can say:

The data for this survey report were collected for the NFIB Research Foundation by the executive interviewing group of The Gallup Organization. The interviews for this edition of the Poll were conducted between June 8 and July 8, 2002 from a sample of small employers. “Small employer” was defined for purposes of this survey as a business owner employing no less than one individual in addition to the owner(s) and no more than 249.

The sampling frame used for the survey was drawn at the Foundation’s direction from the files of the Dun & Bradstreet Corporation, an imperfect file but the best currently available for public use. A random stratified sample design is typically employed to compensate for the highly skewed distribution of small-business owners by employee size of firm (Table A1). Almost 60 percent of employers in the United States employ just one to four people meaning that a random sample would yield comparatively few larger small employers to interview. Since size within the small-business population is often an important differentiating variable, it is important that an adequate number of interviews be conducted among those employing more than 10 people. The interview quotas established to achieve these added interviews from larger, small-business owners are arbitrary but adequate to allow independent examination of the 10-19 and 20-249 employee size classes as well as the 1-9 employee size group.

Actually….I think I might just say, “Well, you know they say….”

{ 1 comment… read it below or add one }

Kristina A. Rugh June 9, 2008 at 6:19 pm

Oh, how I wish I’d never clicked on this…You are right…I could do this all day.

What a great amount of info.
Kristina

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