Author name: SBM Editorial Team

76% of employees at high-psychological-safety teams report being engaged: versus 24% at low-psychological-safety teams 2x more innovative output from teams […]

42% of small business owners report experiencing burnout: most during a period of rapid growth, not failure, because growth adds

3x faster growth rate for small businesses that review their strategic plan at least quarterly versus those that plan annually

54% of small businesses create an annual budget: only 27% review it monthly against actual results $0 cost of a

58% of small business owners have no formal succession plan despite planning to exit within 10 years 3–5 years minimum

7 categories of small business consulting services: operations, strategy, finance, HR, technology, marketing, and legal/compliance: most small businesses need operations

6 types of business management consultant: strategy, operations, financial, HR, technology, and marketing: most small businesses need operations or strategy,

65% of small businesses with 10+ employees have no documented org chart or defined reporting structure 5–7 direct reports: optimal

70% of small business owners say they operate reactively rather than from a defined strategic plan 2x more likely to