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All the Statistics You Never Knew You Needed

Research Network Blog of NYS SBDC - 13 hours 12 min ago
Have you ever wondered what the average sales price of an item at a garage sale is?  Or maybe what percentage of homes have a a security system?  Maybe you have been looking for statistics on Angel Invsestors?  Well, this is the site for you!!!!

According to Statistic Brain, they are group of passionate numbers people, who love numbers, their purity, and what they represent.  Statistic brain compiles the data but is clear that they do not analyze the data.  Here is a look at their most popular searches, or go to Statistic Brain to search for statistics about what matters to you and your business.

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Average annual expenditures on gifts of goods and services in 2013

Research Network Blog of NYS SBDC - December 18, 2014 - 12:14pm
In 2013, gifts of goods and services accounted for 2 percent of total consumer spending. Among these gifts, consumers spent the largest share on education (25 percent). Most education gifts were for college tuition.

Nineteen percent of gift spending was for housing-related items in 2013. Among housing-related items, the largest share was for housing while attending school.

Eighteen percent of gift spending went toward apparel and services. Consumers spent 7 percent on apparel and services for women and girls age 2 and older, compared with 5 percent for men and boys age 2 and older.

These data come from the Consumer Expenditure Survey.

More from the Bureau of Labor Statistics.
Categories: News from others

New York makes decision on fracking

Research Network Blog of NYS SBDC - December 17, 2014 - 2:35pm
The Cuomo administration announced Wednesday that it would ban hydraulic fracturing in New York State, ending years of uncertainty by concluding that the controversial method of extracting oil from deep underground could contaminate the state’s air and water and pose inestimable public-health risks.

“I cannot support high volume hydraulic fracturing in the great state of New York,” said Howard Zucker, the acting commissioner of health.
That conclusion was delivered publicly during a year-end cabinet meeting called by Gov. Andrew M. Cuomo in Albany. It came amid increased calls by environmentalists to ban fracking, which uses water and chemicals to release natural gas trapped in deeply buried shale deposits.

The state has had a de facto ban on the procedure for more than five years, predating Mr. Cuomo’s first term. The decision also came as oil and gas prices continued to fall in many places around the country, in part because of surging American oil production, as fracking boosted output.

READ MORE from the New York Times

READ the related Albany Business Review story
Categories: News from others

Cybersecurity for Small Businesses

Research Network Blog of NYS SBDC - December 17, 2014 - 9:59am
Learn how to protect your business information online. This self-paced training covers the importance of securing information, the kind of information to secure, types of cyber threats and tips for guarding against online hackers and breaches.

Take the 30-minute course from the Small Business Administration HERE.
Categories: News from others

How to Use Internet Memes to Market Your Content, Your Products, and Your Brand

Research Network Blog of NYS SBDC - December 16, 2014 - 11:45am
The Internet has gone visual. With the world moving at the speed of a tweet, getting your message out there can be tough—especially if you're only using words.

Studies show that our brains are more efficient at processing images than words. Some 75% of Americans have used emoji to communicate to others. Virtual corkboard site Pinterest has 53 million unique monthly users. Even Facebook is leaning hard into the image game, as evidenced by its recent $1 billion acquisition of Instagram, which has 300 million users itself.

Images overlaid with text—often called Internet memes—are a popular way for brands to reach their audiences. Ride that popularity wave by creating your own marketing images for distribution. As your followers and fans share the images, your products, your logo, and your brand spread to people you may not have reached otherwise.

Read more from Marketing Profs
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Everything You Need to Know (Taxwise) About Year-End Bonuses

Research Network Blog of NYS SBDC - December 15, 2014 - 10:26am
If your business can afford it and you want to reward employees, year-end cash bonuses may be the way to go. In providing this additional compensation, understand what it means from a tax perspective.

Bonuses are treated like other pay

They are subject to income tax withholding, FICA, and FUTA taxes in the same manner as regular pay. In figuring the cost of a bonus to you, factor in employment taxes. For example, if an employee earning $65,000 is given a $5,000 year-end bonus, the cost of that bonus to you is $5,382.50 ($5,000 + $382.50 employer share of FICA tax).

When withholding income taxes on the bonus (called “supplemental pay” by the IRS), there are several options.

More from the Small Business Administration
Categories: News from others

December 31, 1969 - 8:00pm

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