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Small Business Statistics: Small businesses are often seen as the backbone of the economy, and rightly so. They bring fresh ideas to the market and create jobs for people who may not have opportunities in larger companies. From one-person businesses to significant job creators, small businesses are crucial to the economy.
However, with 82% failing because of cash flow problems and only 50% making it to the five-year mark, it’s clear that achieving success is not easy. Here are some Small Business Statistics that can help entrepreneurs understand the market better and position their products or services for success.
As of 2023, UK business enterprises founded in 2022 had a one-year survival rate of 92.3 percent, compared with 93.4 percent in the previous year. For businesses founded in 2018, just 39.4 percent were still operating in 2022.
A comprehensive dataset covering small business statistics in 2025, including failure rates, growth data, average revenue, number of employees, and market insights.
This statistic depicts the top obstacles to success as reported by small business in the United States in October 2018. During the survey, ** percent of respondents stated that generating new business is either moderately or very challenging.
Only **** percent of businesses in the United States founded between March 2013 to March 2023 were still operating in March 2023. By 2018, around half of such U.S. businesses had still survived.
Access B2B Contact Data for North American Small Business Owners with Success.ai—your go-to provider for verified, high-quality business datasets. This dataset is tailored for businesses, agencies, and professionals seeking direct access to decision-makers within the small business ecosystem across North America. With over 170 million professional profiles, it’s an unparalleled resource for powering your marketing, sales, and lead generation efforts.
Key Features of the Dataset:
Verified Contact Details
Includes accurate and up-to-date email addresses and phone numbers to ensure you reach your targets reliably.
AI-validated for 99% accuracy, eliminating errors and reducing wasted efforts.
Detailed Professional Insights
Comprehensive data points include job titles, skills, work experience, and education to enable precise segmentation and targeting.
Enriched with insights into decision-making roles, helping you connect directly with small business owners, CEOs, and other key stakeholders.
Business-Specific Information
Covers essential details such as industry, company size, location, and more, enabling you to tailor your campaigns effectively. Ideal for profiling and understanding the unique needs of small businesses.
Continuously Updated Data
Our dataset is maintained and updated regularly to ensure relevance and accuracy in fast-changing market conditions. New business contacts are added frequently, helping you stay ahead of the competition.
Why Choose Success.ai?
At Success.ai, we understand the critical importance of high-quality data for your business success. Here’s why our dataset stands out:
Tailored for Small Business Engagement Focused specifically on North American small business owners, this dataset is an invaluable resource for building relationships with SMEs (Small and Medium Enterprises). Whether you’re targeting startups, local businesses, or established small enterprises, our dataset has you covered.
Comprehensive Coverage Across North America Spanning the United States, Canada, and Mexico, our dataset ensures wide-reaching access to verified small business contacts in the region.
Categories Tailored to Your Needs Includes highly relevant categories such as Small Business Contact Data, CEO Contact Data, B2B Contact Data, and Email Address Data to match your marketing and sales strategies.
Customizable and Flexible Choose from a wide range of filtering options to create datasets that meet your exact specifications, including filtering by industry, company size, geographic location, and more.
Best Price Guaranteed We pride ourselves on offering the most competitive rates without compromising on quality. When you partner with Success.ai, you receive superior data at the best value.
Seamless Integration Delivered in formats that integrate effortlessly with your CRM, marketing automation, or sales platforms, so you can start acting on the data immediately.
Use Cases: This dataset empowers you to:
Drive Sales Growth: Build and refine your sales pipeline by connecting directly with decision-makers in small businesses. Optimize Marketing Campaigns: Launch highly targeted email and phone outreach campaigns with verified contact data. Expand Your Network: Leverage the dataset to build relationships with small business owners and other key figures within the B2B landscape. Improve Data Accuracy: Enhance your existing databases with verified, enriched contact information, reducing bounce rates and increasing ROI. Industries Served: Whether you're in B2B SaaS, digital marketing, consulting, or any field requiring accurate and targeted contact data, this dataset serves industries of all kinds. It is especially useful for professionals focused on:
Lead Generation Business Development Market Research Sales Outreach Customer Acquisition What’s Included in the Dataset: Each profile provides:
Full Name Verified Email Address Phone Number (where available) Job Title Company Name Industry Company Size Location Skills and Professional Experience Education Background With over 170 million profiles, you can tap into a wealth of opportunities to expand your reach and grow your business.
Why High-Quality Contact Data Matters: Accurate, verified contact data is the foundation of any successful B2B strategy. Reaching small business owners and decision-makers directly ensures your message lands where it matters most, reducing costs and improving the effectiveness of your campaigns. By choosing Success.ai, you ensure that every contact in your pipeline is a genuine opportunity.
Partner with Success.ai for Better Data, Better Results: Success.ai is committed to delivering premium-quality B2B data solutions at scale. With our small business owner dataset, you can unlock the potential of North America's dynamic small business market.
Get Started Today Request a sample or customize your dataset to fit your unique...
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2 out of 3 business owners said their first year in business was the most difficult. 80% of small businesses are still in operation after 1 year.
This is one of our small business survey reports. It provides the findings for businesses with no employees in 2018.
The report provides details of business performance and the factors that affect this performance. It includes data on:
performance in terms of employment and turnover
ambition and expectations of future performance
access to finance
use of business support
capabilities
obstacles to business success
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A resilience survey instrument was created by Energize Colorado that assessed the social and operational performance of small businesses, based on key measures of business health and success found in the scientific literature. The survey was sent electronically to approximately 14,000 small business owners from Energize Colorado’s database. Data analysis included descriptive statistics and statistical tests measuring the correlation between the SBRI, demographics, and overall business performance, in order to understand predictors of small business resilience.
This Longitudinal Small Business Survey (LSBS) report provides the panel data for businesses that were interviewed in 2018, 2019, 2020 and 2021
It provides details of business performance and the factors that affect this performance, including:
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The global market size for Software for Small Business Solutions was valued at approximately USD 38 billion in 2023 and is projected to reach around USD 76 billion by 2032, growing at a CAGR of 8.3% during this period. The significant growth in this market can be attributed to the increasing digitization of business operations, the rising need for efficient management solutions, and the expanding adoption of cloud-based services by small and medium enterprises (SMEs). As small businesses seek to enhance their operational efficiency and competitiveness, the demand for specialized software solutions continues to surge.
One of the primary growth factors driving the Software for Small Business Solutions market is the burgeoning adoption of cloud technology. Cloud-based solutions offer scalability, cost-efficiency, and accessibility, which are crucial for small businesses with limited resources. The ability to access software applications from anywhere with an internet connection allows small businesses to operate more flexibly and respond swiftly to market changes. Additionally, the subscription-based pricing model of cloud services proves to be financially viable for small enterprises, eliminating the need for significant upfront investments in IT infrastructure.
Another pivotal growth factor is the increasing inclination towards digital transformation among small businesses. As the global business environment becomes more competitive, small enterprises are compelled to adopt advanced technologies to streamline their operations, optimize resource utilization, and enhance customer engagement. Software solutions tailored for small businesses, such as accounting, customer relationship management (CRM), and project management software, provide vital tools to facilitate these transformations. By leveraging these solutions, small businesses can achieve greater productivity, improved financial management, and better customer insights.
The rise of e-commerce and the changing consumer behavior patterns further fuel the market's growth. Small businesses are increasingly recognizing the importance of having an online presence to reach a broader customer base. Software solutions that support e-commerce operations, including inventory management, sales tracking, and customer service, are in high demand. Additionally, the growing adoption of mobile devices and the proliferation of digital payment methods are contributing to the need for integrated software solutions that can support multi-channel sales and enhance customer experience.
From a regional perspective, North America currently holds the largest market share for Software for Small Business Solutions, driven by the advanced technological infrastructure and the high concentration of small businesses in the region. However, Asia Pacific is expected to witness the highest growth rate during the forecast period. The rapid economic development, increasing digital literacy, and supportive government initiatives to promote SME growth in countries like China and India are key factors propelling the market in this region. Europe also presents significant opportunities, with many small businesses in the region adopting digital tools to navigate economic uncertainties and enhance operational efficiency.
When analyzing the market by type, Accounting Software emerges as one of the most critical segments for small businesses. Effective financial management is essential for any business's success, and accounting software offers a comprehensive suite of tools for managing accounts, tracking expenses, invoicing, and ensuring compliance with tax regulations. Small businesses benefit significantly from automated accounting processes, which reduce the likelihood of human error and free up valuable time for business owners to focus on strategic activities. Additionally, the integration of accounting software with other business systems enhances the overall efficiency and accuracy of financial data management.
Customer Relationship Management (CRM) Software is another vital segment within the small business solutions market. CRM software helps businesses manage their interactions with current and potential customers, streamlining processes such as sales, marketing, and customer service. For small businesses, maintaining strong customer relationships is crucial for growth and sustainability. CRM solutions enable businesses to gain deeper insights into customer preferences, personalize communication, and improve customer satisfaction and retention rates. The increasing e
Almost one in five new businesses in the European Union failed in their first year according to the one-year business survival rates in the European Union for 2018. In this year, the country with the highest business survival rate was Greece, which had a one-year survival rate of 96.7 percent, while Lithuania had the lowest at 63.57.
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Analysis of ‘SBA Loans Case Data Set’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://www.kaggle.com/larsen0966/sba-loans-case-data-set on 13 February 2022.
--- Dataset description provided by original source is as follows ---
If you like the data set and download it, an upvote would be appreciated.
The Small Business Administration (SBA) was founded in 1953 to assist small businesses in obtaining loans. Small businesses have been the primary source of employment in the United States. Helping small businesses help with job creation, which reduces unemployment. Small business growth also promotes economic growth. One of the ways the SBA helps small businesses is by guaranteeing bank loans. This guarantee reduces the risk to banks and encourages them to lend to small businesses. If the loan defaults, the SBA covers the amount guaranteed, and the bank suffers a loss for the remaining balance.
There have been several small business success stories like FedEx and Apple. However, the rate of default is very high. Many economists believe the banking market works better without the assistance of the SBA. Supporter claim that the social benefits and job creation outweigh any financial costs to the government in defaulted loans.
The original data set is from the U.S.SBA loan database, which includes historical data from 1987 through 2014 (899,164 observations) with 27 variables. The data set includes information on whether the loan was paid off in full or if the SMA had to charge off any amount and how much that amount was. The data set used is a subset of the original set. It contains loans about the Real Estate and Rental and Leasing industry in California. This file has 2,102 observations and 35 variables. The column Default is an integer of 1 or zero, and I had to change this column to a factor.
For more information on this data set go to https://amstat.tandfonline.com/doi/full/10.1080/10691898.2018.1434342
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Outsourcing Statistics: Outsourcing is a common business practice that helps companies work more efficiently by allowing employees to focus on their main tasks while saving costs. Today, outsourcing is a global industry, with businesses of all sizes and sectors using outsourcing services to improve their operations. Businesses of all sizes, from small shops to large companies, are outsourcing tasks to stay competitive.
This includes services like IT support, app development, and other business operations. Outsourcing has become a key strategy for success. In 2023, global outsourcing spending was expected to reach $731 billion. In this article, we will explore key Outsourcing Statistics from 2024 to 2027, including the global market, revenue, and the latest trends.
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Here are the 3 reasons most small businesses and entrepreneurs fail.
Success.ai’s Small Business Contact Data API provides a comprehensive and highly accurate dataset tailored for organizations seeking to connect with small business owners and decision-makers worldwide. Covering diverse industries, this API grants instant access to over 700 million verified global profiles, enabling you to identify niche market opportunities and engage with highly targeted audiences.
With continuously updated, AI-validated data, you can confidently execute personalized outreach strategies that resonate with small business professionals. Supported by our Best Price Guarantee, the Small Business Contact Data API is the perfect solution for scaling your marketing, sales, and business development initiatives efficiently and effectively.
Why Choose Success.ai’s Small Business Contact Data API?
Verified Global Profiles for Precise Targeting
Comprehensive Coverage of Niche Markets
Continuously Updated and Real-Time Data
Ethical and Compliant
Data Highlights:
Key Features of the Small Business Contact Data API:
Instant Contact Data Enrichment
Powerful Filtering and Query Capabilities
Real-Time Data Validation and Updates
AI-Driven Reliability
Strategic Use Cases:
Sales and Lead Generation
Marketing Campaigns and ABM Efforts
Partnership Development and Supplier Outreach
Recruitment and Talent Acquisition
Why Choose Success.ai?
Best Price Guarantee
Seamless Integration
...
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This dataset offers statistics, insights, and resources across various business topics, including marketing, SEO, finance, and technology, aimed at helping small businesses succeed.
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Currently, there are over 8 million minority-owned small businesses in the United States.
Success.ai’s Company Data Solutions provide businesses with powerful, enterprise-ready B2B company datasets, enabling you to unlock insights on over 28 million verified company profiles. Our solution is ideal for organizations seeking accurate and detailed B2B contact data, whether you’re targeting large enterprises, mid-sized businesses, or small business contact data.
Success.ai offers B2B marketing data across industries and geographies, tailored to fit your specific business needs. With our white-glove service, you’ll receive curated, ready-to-use company datasets without the hassle of managing data platforms yourself. Whether you’re looking for UK B2B data or global datasets, Success.ai ensures a seamless experience with the most accurate and up-to-date information in the market.
API Features:
Why Choose Success.ai’s Company Data Solution? At Success.ai, we prioritize quality and relevancy. Every company profile is AI-validated for a 99% accuracy rate and manually reviewed to ensure you're accessing actionable and GDPR-compliant data. Our price match guarantee ensures you receive the best deal on the market, while our white-glove service provides personalized assistance in sourcing and delivering the data you need.
Why Choose Success.ai?
Our database spans 195 countries and covers 28 million public and private company profiles, with detailed insights into each company’s structure, size, funding history, and key technologies. We provide B2B company data for businesses of all sizes, from small business contact data to large corporations, with extensive coverage in regions such as North America, Europe, Asia-Pacific, and Latin America.
Comprehensive Data Points: Success.ai delivers in-depth information on each company, with over 15 data points, including:
Company Name: Get the full legal name of the company. LinkedIn URL: Direct link to the company's LinkedIn profile. Company Domain: Website URL for more detailed research. Company Description: Overview of the company’s services and products. Company Location: Geographic location down to the city, state, and country. Company Industry: The sector or industry the company operates in. Employee Count: Number of employees to help identify company size. Technologies Used: Insights into key technologies employed by the company, valuable for tech-based outreach. Funding Information: Track total funding and the most recent funding dates for investment opportunities. Maximize Your Sales Potential: With Success.ai’s B2B contact data and company datasets, sales teams can build tailored lists of target accounts, identify decision-makers, and access real-time company intelligence. Our curated datasets ensure you’re always focused on high-value leads—those who are most likely to convert into clients. Whether you’re conducting account-based marketing (ABM), expanding your sales pipeline, or looking to improve your lead generation strategies, Success.ai offers the resources you need to scale your business efficiently.
Tailored for Your Industry: Success.ai serves multiple industries, including technology, healthcare, finance, manufacturing, and more. Our B2B marketing data solutions are particularly valuable for businesses looking to reach professionals in key sectors. You’ll also have access to small business contact data, perfect for reaching new markets or uncovering high-growth startups.
From UK B2B data to contacts across Europe and Asia, our datasets provide global coverage to expand your business reach and identify new...
The Future of Business Survey is a new source of information on small and medium-sized enterprises (SMEs). Launched in February 2016, the monthly survey - a partnership between Facebook, OECD, and The World Bank - provides a timely pulse on the economic environment in which businesses operate and who those businesses are to help inform decision-making at all levels and to deliver insights that can help businesses grow. The Future of Business Survey provides a perspective from newer and long-standing digitalized businesses and provides a unique window into a new mobilized economy.
Policymakers, researchers and businesses share a common interest in the environment in which SMEs operate, as well their outlook on the future, not least because young and innovative SMEs in particular are often an important source of considerable economic and employment growth. Better insights and timely information about SMEs improve our understanding of economic trends, and can provide new insights that can further stimulate and help these businesses grow.
To help provide these insights, Facebook, OECD and The World Bank have collaborated to develop a monthly survey that attempts to improve our understanding of SMEs in a timely and forward-looking manner. The three organizations share a desire to create new ways to hear from businesses and help them succeed in the emerging digitally-connected economy. The shared goal is to help policymakers, researchers, and businesses better understand business sentiment, and to leverage a digital platform to provide a unique source of information to complement existing indicators.
With more businesses leveraging online tools each day, the survey provides a lens into a new mobilized, digital economy and, in particular, insights on the actors: a relatively unmeasured community worthy of deeper consideration and considerable policy interest.
When the survey was initially launched in February 2016, it included 22 countries. The Future of Business Survey is conducted in over 90 countries in every region of the world.
The study describes small and medium-sized enterprises.
The target population consists of SMEs that have an active Facebook business Page and include both newer and longer-standing businesses, spanning across a variety of sectors. With more businesses leveraging online tools each day, the survey provides a lens into a new mobilized, digital economy and, in particular, insights on the actors: a relatively unmeasured community worthy of deeper consideration and considerable policy interest.
Sample survey data [ssd]
Twice a year in over 97 countries, the Facebook Survey Team sends the Future of Business to admins and owners of Facebook-designated small business pages. When we share data from this survey, we anonymize responses to all survey questions and only share country-level data publicly. To achieve better representation of the broader small business population, we also weight our results based on known characteristics of the Facebook Page admin population. A random sample of firms, representing the target population in each country, is selected to respond to the Future of Business Survey each month.
Internet [int]
The survey includes questions about perceptions of current and future economic activity, challenges, business characteristics and strategy. Custom modules include questions related to regulation, access to finance, digital payments, and digital skills. The full questionnaire is available for download.
Response rates to online surveys vary widely depending on a number of factors including survey length, region, strength of the relationship with invitees, incentive mechanisms, invite copy, interest of respondents in the topic and survey design. Note: Response rates are calculated as the number of respondents who completed the survey divided by the total number of SMEs invited.
Any survey data is prone to several forms of error and biases that need to be considered to understand how closely the results reflect the intended population. In particular, the following components of the total survey error are noteworthy: Sampling error is a natural characteristic of every survey based on samples and reflects the uncertainty in any survey result that is attributable to the fact that not the whole population is surveyed. Other factors beyond sampling error that contribute to such potential differences are frame or coverage error (sampling frame of Page owners does not include all relevant businesses but also may include individuals that don’t represent businesses), and nonresponse error. Note that the sample is meant to reflect the population of businesses on Facebook, not the population of small businesses in general. This group of digitized SMEs is itself a community worthy of deeper consideration and of considerable policy interest. However, care should be taken when extrapolating to the population of SMEs in general. Moreover, future work should evaluate the external validity of the sample. Particularly, respondents should be compared to the broader population of SMEs on Facebook, and the economy as a whole.
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Small Business Statistics: Small businesses are often seen as the backbone of the economy, and rightly so. They bring fresh ideas to the market and create jobs for people who may not have opportunities in larger companies. From one-person businesses to significant job creators, small businesses are crucial to the economy.
However, with 82% failing because of cash flow problems and only 50% making it to the five-year mark, it’s clear that achieving success is not easy. Here are some Small Business Statistics that can help entrepreneurs understand the market better and position their products or services for success.