Proof Point
Talent, finances, and healthcare top challenges for small businesses in 2017, according to survey by Wasp Barcode Technologies
Top Challenges U.S. Small Businesses Face in 2017
2017 (percentage of respondents)
| Note: | Data based on Wasp Barcode Technologies’ 2017 State of Small Business Report that surveyed over 1,100 U.S. small businesses (i.e., companies with five to 499 employees), with a 2.9 margin of error at 95% confidence level |
Proof Point Findings
- Increasing Talent Demand – Hiring new employees top challenge for small businesses in 2017, according to half of small businesses surveyed by Wasp Barcode Technologies
- Financial Challenges – Increasing profit, growing revenues, and optimizing cash flow each selected by at least one-third of respondents
- Key Drivers – Include heightening competition for top talent, growing demand for workers with up-to-date specialized skills, proliferation of startups offering diverse set of products and services, and evolving consumer demands and needs
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Business Model and Practices Business Model |
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Sector |
Cross-sector
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Date Last Updated |
August 9, 2017
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