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Monday, January 26, 2009

Recession Hits Small Businesses

Technology never ceases to amaze me. Here is a State of Small Businesses Survey by Huffington Post which captures the effect of the poor economy on small businesses. What I was also most impressed by was how their data was being shared. They surveyed small business owners and asked them about layoffs or reducing working hours and their expectations for their business in the short run. I love how they put all of the data on the web in google maps. You can click on a "dot" below and read the survey response from that business owner!

As a quick side note - we started our business in one of the worst times to do so - during the internet post bubble in 2000 and 2001 when no one wanted to touch a startup and the "good old days" were over. But we were small and did it on our own and are still in business 8 years later!

Huffington Post - Small Business Survey - Click on a business to see their response.

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