Time to Startup!

The BizFilings blog covering business tips and trends.

Top 5 Things Small Business Owners are Thankful for this Thanksgiving

Published on Nov 24, 2010


Read 'Top 5 Things Small Business Owners are Thankful for this Thanksgiving' at 'Time to Start Up,' the small business blog by BizFilings.
Around Thanksgiving time last year, my then 5-year-old nephew, Jack, was asked to write down three things he was most thankful for. Here's what he put in this order:pizza_opt
  1. God
  2. My family
  3. Pizza
I'm with him on the pizza. OK, so besides pizza, what are small businesses thankful for? I would have to agree with the five items that www.network.businessofsoftware.org listed, which include:
  1. Internet. The worldwide Web has certainly sprung open a host of doors and windows of opportunity for small businesses. Not to mention, the Internet has helped support small business growth. "The Internet has given entrepreneurs the freedom and the ability to start new businesses with minimum investment with the help of virtual office/team, online communication, online management of resources and business functions, and a lot more," according to the Business of Software website.
  2. Social Media. Information can now be transmitted and gathered instantly using tools like LinkedIn, Facebook and Twitter. Social media also lends the opportunity for small businesses to ignite the popularity of an idea within hours - putting a whole new spin on public relations.
  3. Knowledge-Based Economy. As the Business of Software list points out, "The competition has shifted from being size-based to knowledge-based. More and more small businesses are able to compete with larger companies purely based on knowledge that they can easily share. The Internet has leveled the playing field to such an extent that a single person company can run like a 1,000-employee global organization."
  4. Global Access. Once again the Internet enables small business owners to access worldwide vendors and customers. As an example, companies like BizFilings, have played a big role in helping small businesses to form a corporation or form an LLC no matter where they are located.
  5. Affordable Services and Technologies. Many small businesses are empowered with services and technologies that cater specifically to their needs at affordable prices. Websites such as www.toolkit.com share tools and expertise with small business owners at no charge.
What other services and products are you thankful for? We'd love to hear from you! Oh, and Happy Thanksgiving!