Thursday, June 26, 2008

eBay Provides Secondary income to 724,000 US Enterprenuers!!  

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Since eBay became more than just an online garage sale, many retail industry observers have wondered just how important eBay is as a selling force. A new survey by ACNielsen International Research for eBay provides an answer: very important. The survey reports that 724,000 Americans derive their primary or secondary income from eBay, a group which eBay characterizes as “professional eBay sellers.” Another 1.5 million say they supplement their income by selling on eBay.

In the first six months of 2005, eBay members in the U.S. sold merchandise worth approximately $10.6 billion. The number of eBay entrepreneurs in the U.S. has increased 68% since the last comparable study in 2003, when 430,000 Americans said they were making some or all of their income selling on eBay.

“In just 10 years, eBay has become the destination for Americans pursuing their visions of entrepreneurship,” said Bill Cobb, president of eBay North America. “We’re proud to play a central role in small business development in the U.S. and around the world.”
EBay hopes to increase that number by hosting eBay Days Small Business seminars in eight cities in the U.S. this summer.
Courtesy: Ahorre.com

Saturday, June 16, 2007

Top Ten Reasons to Love U.S. Small Business!!  

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List highlights importance of small business to U.S. economy. The Small Business Administration (SBA) has announced the top 10 reasons to love small business, what the SBA's Office of Advocacy calls "the heart of the American economy."
10. Small businesses make up more than 99.7% of all employers.
9. Small businesses create more than 50 percent of the nonfarm private gross domestic product (GDP).
8. Small patenting firms produce 13 to 14 times more patents per employee than large patenting firms.
7. The 22.9 million small businesses in the United States are located in virtually every neighborhood.
6. Small businesses employ about 50 percent of all private sector workers.
5. Home-based businesses account for 53 percent of all small businesses.
4. Small businesses make up 97 percent of exporters and produce 29 percent of all export value.
3. Small businesses with employees start-up at a rate of over 500,000 per year.
2. Four years after start-up, half of all small businesses with employees remain open.
1. The latest figures show that small businesses create 75 percent of the net new jobs in our economy.
The SBA's Office of Advocacy, the "small business watchdog" of the government, examines the role and status of small business in the economy and independently represents the views of small business to federal agencies, Congress, and the President. It is the source for small business statistics presented in user-friendly formats and it funds research into small business issues.
About the Author:
Karen Jones has tried & tested hundreds of home business opportunities over last 9 years, her dynamic and intuitive blog is undoubtedly the best menifestation of her wiz in her domain. Visit her blog.