Square Reveals Insights Into the Heart + Hustle of U.S. Small Business Owners
25 Aprile 2018 - 3:00PM
Business Wire
Today Square released a Small Business Summary that sheds light
on the daily struggles of small business owners across the United
States. The findings illuminate a unique entrepreneurial spirit
among small business owners, who are inspired by their local
communities and optimistic about the next five years, despite the
daily challenges they face. Motivated to be their own boss, even
with concerns about cash flow or lack of health insurance, small
business owners remain resilient and driven to succeed.
“We have found that small businesses want to operate in the
communities they love, therefore it is essential that we meet these
businesses where they are,” said Jackie Reses, Head of Square
Capital. “By investing in small businesses and giving them the
tools they need to grow, we can help them fuel the long term
success of their neighborhood economies.”
Select Findings:
- 72% of small business owners
agree that they face more challenges today than 5 years ago;
however 65% of small business owners feel confident that
they are going to meet their 5 year goal.
- 58% of small business owners say
increased competition from big corporations has motivated them to
adapt for the better.
- 49% of small business owners say
cash flow concerns keep them up at night.
- 94% of small businesses believe
access to financing through Square Capital has helped their
business contribute to their local economy.
During National Small Business Week and all year round, Square
supports the dreams of small business owners across the country,
providing access to the tools they need to grow their businesses.
For Square’s complete Small Business Summary results, visit
squareup.com/heart-and-hustle. Small business owners can find a
wealth of information and resources on how to start, run, and grow
their business on Square’s Town Square Blog.
Sources
Heart & Hustle statistics are based on a November 2017
survey of 1,000 U.S. small business owners, conducted by Square,
Inc., and Square seller payment processing data between 2012 and
2017. Actual results from processing payments through Square may
vary. Square Capital statistics are based on an April 2018 survey
of 6,397 respondents who have accepted a loan through Square
Capital. Square Capital, LLC is a wholly owned subsidiary of
Square, Inc., d/b/a Square Capital of California, LLC in FL, GA,
MT, and NY.
About Square, Inc.
Square, Inc. (NYSE:SQ) creates tools that help sellers start,
run, and grow their businesses. Square enables sellers to accept
card payments and also provides reporting and analytics, next-day
settlement, and chargeback protection. Square’s point-of-sale
software and other business services help sellers manage inventory,
locations, and employees; access financing; engage customers; and
grow sales. The Cash App is an easy way for businesses and
individuals to send and receive money, and Caviar is a food
ordering service for popular restaurants. Square was founded in
2009 and is headquartered in San Francisco, with offices in the
United States, Canada, Japan, Australia, Ireland, and the UK.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180425005321/en/
Square, Inc.Media Contact:press@squareup.com
Grafico Azioni Block (NYSE:SQ)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Block (NYSE:SQ)
Storico
Da Lug 2023 a Lug 2024