As the small business growth is exploding worldwide, there is an urgent need for business help and marketing support for entrepreneurs.
Technology has been one of the most powerful avenues in information dissemination, promotion of products and services, business transactions and even in leisure and lifestyle explorations.
The world wide web is a breakthrough in the information technology industry, as everybody is going in that same area of productivity, Social Boost Virtual Assistance (SocialBoostVA) came up a Social Media Services for Micro and Small Business Enterprises.
To empower and help entrepreneurs establish a presence on social media networks and the Internet and gain a foothold in the rapidly emerging frontier of the digital industry.
- To help small businesses harness the power of Information technology through social media management and marketing.
- To provide quality and affordable social media services and help our clients and employers to have more time and grow their business.
Social Boost Virtual Assistance (SocialBoostVA) is managed by Mr. Oliver Bugarin, he is a Social Media Manager, Freelance and Filipino Virtual Assistant. His family and network of virtual assistants help him accomplished social media services.
Here are the reasons why we are doing Virtual Assistance Services and the present business development trends.
Yahoo! information shows that an average of 543,000 new small businesses are being registered each month.
This amount exceeds 6.5 million annually. While only a tiny number of these firms manage to survive in the long run, the competition is still rigid.
There are 30.2 million tiny companies in the US, according to the SBA.gov
For those of you asking what proportion of the economy is small business; by 2018, 99.9 percent of American businesses are micro-businesses. Small and micro companies currently employ over 47.5 percent of the U.S. private workers and represent 1.9 million fresh employment in 2017. Small companies, identified as an economic engine, stay an essential component of the financial landscape of the state.
Micro-enterprises account for 75.3 percent of workers in the private sector, according to Blue Corona.
The most prevalent type of business with fewer than ten staff. They account for 75.3 percent of all workers in the private sector but have a tiny proportion of jobs, i.e. only 10.5 percent of all jobs in the private sector.
Fifty percent of all U.S. companies are operating from home.
According to SBA stats, 50% of tiny companies are home-based, including 60.1% of unpaid companies. These businesses ‘ most prevalent form is the sole proprietorship.
19% of micro and small company owners operate over 60 hours a week, according to Fundera.
It’s not simple to be a tiny company’s large boss. Small business owners are more difficult to operate than the average employee. In the research undertaken by Fundera, 81 percent of participants reported working evenings and 89 percent working weekends. Moreover, 70% said they work over 40 hours a week with 19% working over 60 hours.
Based on Clutch. Stats indicate that there is a website for 64 percent for small companies.
Despite the reality that tiny companies benefit from having a website, one-third of them still have no website. They point out that the primary reasons for not getting a website are cost, irrelevance to sector, and social media.
Sixty-one percent of small businesses are investing in social media marketing based on Clutch.
Despite their restricted budgets, small companies are leveraging digital marketing channels. Moreover, they plan to invest more in the future. Because 62 percent of small business owners have one, owning a website is by far the most common. Social media is the second most frequently used digital advertising channel with 61%, followed by 39% email marketing.
Nearly 50% of tiny companies spend $10,000 or less on digital advertising annually, based on Clutch.
Small businesses and start-up statistics emphasize that they invest up to $10,000 in digital marketing on an annual basis due to the restricted funds that companies have. In addition, an in-house team is the most prevalent resource they use. 43% of SMEs use a team of in-house staff to concentrate on digital marketing, while 39% of SMEs use marketing software.
Most tiny companies do not invest in marketing content.
The study conducted by Clutch.co discovered content marketing to be the most underestimated channel for digital marketing. Content marketing is not used by a whopping 80% of tiny companies. This implies that one in four companies misses the chance to leverage the most cost-effective channel in SERPs to build brand loyalty and spike ranks.
Based on Iron Paper 92 percent of small business owners believe that having a website is the most efficient approach for digital marketing.
The use of SEO also enables 89 percent of small business owners. The statistics on small business development for 2019 show that combining these two strategies is indeed the most significant component of a successful digital marketing strategy.
Based on Indeed, 56 percent of tiny companies believe it is their greatest challenge to find excellent talent.
More than half of small business owners are struggling to find the correct worker. In addition, 35 percent of participants observed finding it easier now than five years ago to find staff, while 24 percent said it was difficult than it was ten years ago.
Most small business owners do not have a college degree, according to CNBC.
Most company owners are dropouts or have never gone to college. Actually, only 26 percent of owners of tiny businesses have a BA. In addition, 20% graduated from high school but did not go to university while 5% did not even complete high school.