Login or signup
36
HUMAN RESOURCES

Most Business Owners Feel Stagnant
 

Advertisement

Over 75 percent of small-business owners believe their businesses have stagnated, according to a new survey.

The survey of more than 500 small firms nationwide, conducted by The Price Group, a Dallas-based marketing firm, also found that 90 percent of owners with languishing businesses had done nothing about it. Small-business owners named not knowing what changes to make as the main reason for inaction.

The problems likely stem from a lack of planning and organization, according to Price Group president Betty Price. Seventy percent of respondents said they have no formal organizational structure for employees, and 99 percent do not have a written plan for growth.

- more briefs -

Last updated: Sep 13, 2007




Register on Inc.com today to get full access to:
All articles  |  Magazine archives | Comment and share features
EMAIL
PASSWORD
EMAIL
FIRST NAME
LAST NAME
EMAIL
PASSWORD

Or sign up using: