SBM Editorial Team - Small Business Management

Email Marketing for Small Business: A Practical Guide

$36–$42 returned for every $1 spent on email marketing: highest ROI of any digital channel 21.5% average open rate across […]

11.5% average SBA 7(a) loan APR: among the lowest rates available to small businesses 49% of small businesses that applied

80%–90% of invoice face value you receive upfront from a factoring company 1–3% typical factoring fee per 30-day period: equivalent

$50K–$250K typical credit line range for established small businesses at banks 10%–35% typical APR range for small business lines of

67% of employment lawsuits against small businesses cite inconsistent policy enforcement as a key factor $2,000–$5,000 typical cost to have

$4,700 average cost to hire a new employee: including recruiting, screening, and onboarding 42 days average time to fill an

$30–$80 cost of a comprehensive pre-employment background check: versus the average $15,000+ cost of a bad hire that clears without

60% of employees say benefits are a top factor in deciding whether to accept a job offer: above base salary

$1.00 median workers’ comp cost per $100 of payroll. But ranges from $0.30 to $25+ depending on industry and claims

71% of small businesses still use spreadsheets for some or all of their accounting: the highest-risk financial management practice $30–$90/mo