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What Improvements Companies Are Investing In
Some figures showing how companies are re-investing in themselves and the improvements they are making.
What Improvements Companies Are Investing In
| Types of improvements | Number of employees | ||
| 0-19 | 20-99 | 100-499 | |
| Upgraded computer systems | 40% | 60% | 60% |
| Developed new products/services | 31% | 44% | 54% |
| Improved productivity | 26% | 54% | 70% |
| Improved quality of products/services | 26% | 46% | 51% |
| Increased investment in business | 19% | 50% | 54% |
| Expanded into new U.S. markets | 13% | 22% | 29% |
| Expanded into new markets abroad | 7% | 12% | 20% |
| Instituted total quality management | 7% | 14% | 19% |
| Opened new stores or branches | 4% | 8% | 17% |
| Other | 5% | 4% | 6% |
| No substantial improvements | 30% | 8% | 3% |
How Much Companies Are Investing (as a percentage of total revenue)
| Fast-growing Companies |
Companies Overall | |
| Technology | 7.8% | 4.3% |
| Research and development | 5.2% | 2.6% |
| Marketing | 7.5% | 5.5% |
| Training | 4.8% | 2.6% |
Source: 1995 Survey of Small and MidSize Businesses Conducted by Arthur Andersen's Enterprise Group and National Small Business United
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