The Microbusiness Difference--The Ripple Effect!

 

A Division of Gardner Bank

www.smallbusinessbank.com

Microbusiness companies and their business operations can have a "ripple" effect on job creation. One is by an "induced" effect from  hiring a new employee. The other is an indirect effect on the larger employment picture when the microbusiness is buying goods and services in the normal course of doing business.

This would be the case for example, when a microbusiness will purchase a computer for it's own business operations. The direct and indirect effects serve to ripple economic activity by the direct impact of hiring an employee, and indirectly when the decision to purchase a computer results in the hiring or retention of employees at those companies in the economic link by that 1 purchase.

 

The ripple continues in the example above, when the computer that was bought by a microbusiness is used to purchase additional goods and services due to increased efficiencies.

Thus, in addition to the 26 million jobs contributed directly in 2011 by microbusinesses, microbusinesses also added 1.9 million indirect jobs and 13.4 million induced jobs.

This gives a combined total of 41.2 million jobs, which amount to 31 percent of all private sector employment.

(The above from the Association For Enterprise Opportunity--The voice of Microbusiness).

Learn how YOUR business can be featured on our blog and promoted for FREE via our social media platforms/website by calling John at 1-855-856-0233, Ext. 114 today!

For more information about our simple and value-based micro business banking products/services visit www.smallbusinessbank.com.

Listed as one of the Top 10 Free Checking Accounts by GoBankingRates.com.

Mobile Transaction Services Propel Microbusiness Sales!

 

 

 

 

A Division of Gardner Bank

www.smallbusinessbank.com

MICROBUSINESS FACTS: As the US economy evolves, microbusinesses are well-poised to capitalize on non-standard work arrangements and recent technological advances in our labor market and broader economy.  (AEO--Association for EnterpriseOpportunity, The Voice of Microbusiness)

Times were when you used to have customers come in to your storefront, pay cash, check or credit card for purchases, then leave.

Today--exciting technologies in both mobile devices, banking and card payment services allow micro business owners the freedom to expand customer payment options nationwide.

In addition to mobile checking and savings accounts and services--card processing or "merchant services" allow microbusiness owners to offer more convenient payment methods for their customers.

By offering more traditional "swiping" card reader devices (soon to be able to take the more secure "chip" credit cards), mobile devices are now being used by micro businesses to conduct business seamlessly, securely and simply.

In addition to "swiping", Gardner Bank's card processing let's micro business owners use a virtual "cash register".

Deposits are made from the virtual "cash register" within 48 hours with these options--and micro business owners know instantaneously via electronic receipt that they've been accepted.

 Businesses that accept all forms of payment will insure that Millennials will do business with you--as 69% have indicated they will NOT shop at businesses that accept only cash/checks.(Intuit WePay Survey).

According to some estimates--businesses lose up to 80% in impulse purchases by not accepting debit/credit cards.

At www.smallbusinessbank.com, we're pleased to be America's first community microbusiness bank supporting these leading edge mobile online technologies--allowing our customers the freedom to conduct business online and mobile devices, nationwide--all the time.

Stay tuned for updates on some of our newer offerings to help our customers maximize their profits efficiently!

Learn how YOUR business can be featured on our blog and promoted for FREE via our social media platforms/website by calling John at 1-855-856-0233, Ext. 114 today!

For more information about our simple and value-based banking products/services visit www.smallbusinessbank.com.

Listed as one of the Top 10 Free Checking Accounts by GoBankingRates.com.

America's Game-Changer--The Micro Business

 

www.smallbusinessbank.com
A Division of Gardner Bank

By John V.

From the work at home stylist to the IT professional doing and contracting support or programming side business--a new category of income-producing businesses are changing the face of the American economy--the micro business.

Employing from 1-5 people, including the owner, chief manager and operator, micro businesses have the potential to change the dynamics of income, wealth creation and quality of life in this country like no other business factor we have seen in decades.

With individual business owners earning $5000, $15,000 or more each year in addition to their current job incomes--these micro business owners are paving the way for realizing their American dream on the heels of a brutal recession in 2009.

Micro business growth also affects the nation's employment picture as well, and according to the American Enterprise Institute--if each of the 92% micro business owners in America hired just one person--we'd be at full employment in this country.

That's a big impact--bigger than you may think in terms of economic impact in the country.

More consumers, more taxpayers, more satisfied citizens--all a part of their piece of the American Dream--owning their own business!

At www.smallbusinessbank.com, we salute these fearless business owners (one reason we created a free business checking account and other services for them for their mobile devices) and hope our customer profiles in this blog will encourage and educate you as you build your business.

Learn how YOUR business can be featured on our blog and promoted for FREE via our social media platforms/website by calling John at 1-855-856-0233, Ext. 114 today!

Learn more about all of our services for small business owners at www.smallbusinessbank.com today.