How Healthy Are SMBs?

[vc_row full_width=”” parallax=”” parallax_image=””][vc_column width=”1/1″][vc_single_image image=”160814″ alignment=”center” style=”vc_box_shadow_3d” border_color=”grey” img_link_large=”” img_link_target=”_blank” css_animation=”” img_size=”full” link=”http://www.pymnts.com/storefront-business-index/”][vc_column_text]

[/vc_column_text][vc_row_inner][vc_column_inner el_class=”” width=”3/4″][vc_text_separator title=”What Is A Store Front Business?” title_align=”separator_align_left” align=”align_center” color=”grey” style=”” border_width=”” el_width=””][vc_column_text]The 3.4 million Store Front Businesses that are analyzed in this Index represent 36.7 % of small business establishments and 27.6% of employees in the U.S.

“Store Front” businesses are defined as those who drive the local economies of the cities and towns in the U.S. and consist of businesses in 8 segments that typify the local small business enterprise:

• Building Contractors/Remodelers
• Service/Repair
• Eating and Drinking Places
• Retail
• Personal Services
• Professional Services
• Health Care
• Fitness

[/vc_column_text][/vc_column_inner][vc_column_inner el_class=”” width=”1/4″][vc_single_image image=”160804″ alignment=”center” style=”vc_box_shadow_3d” border_color=”grey” img_link_large=”” img_link_target=”_blank” css_animation=”” img_size=”full” link=”http://www.pymnts.com/wp-content/uploads/2015/08/CAN-Capital-Store-Front-Index.pdf”][/vc_column_inner][/vc_row_inner][vc_row_inner el_id=””][vc_column_inner el_class=”” width=”1/1″][vc_text_separator title=”The State of Store Front Businesses | Q2 2015″ title_align=”separator_align_left” align=”align_center” color=”grey” style=”” border_width=”” el_width=””][vc_column_text]

• The Index shows strong, healthy results and outperforms real GDP with a projected growth rate in Q2 2015 of 2.9%
• Categorizing by industry, the Building Contractors and Home Remodelers segment was the leader in 2014 and is projected to continue its strong recovery with a healthy growth rate of 3.9% in 2015, after declining 21% between 2007-2010
• The Fitness segment is projected to show the strongest results through Q2 2015, with a projected 5.5% growth.

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner el_id=””][vc_column_inner el_class=”” width=”1/1″][vc_text_separator title=”Methodology” title_align=”separator_align_left” align=”align_center” color=”grey” style=”” border_width=”” el_width=””][vc_column_text]

• The Store Front Business Index covers the three drivers of businesses: growth in the number of establishments, employees and total wages.
• Measurements of the Store Front Business Index were done in real terms and are based on the growth in new establishments, real wages and employment.
• The Index is a collaboration between PYMNTS (model, methodology and analytics) and CAN Capital provided insights into business performance from their more than 17 years of extending credit to these types of business.

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_separator color=”grey” align=”align_center” style=”” border_width=”” el_width=””][vc_custom_heading text=”DOWNLOAD NOW” font_container=”tag:h2|text_align:center” google_fonts=”font_family:Oswald%3A300%2Cregular%2C700″][vc_separator color=”grey” align=”align_center” style=”” border_width=”” el_width=””][/vc_column][/vc_row][vc_row full_width=”” parallax=”” parallax_image=””][vc_column width=”1/1″][vc_single_image image=”160804″ alignment=”center” style=”vc_box_shadow_3d” border_color=”grey” img_link_large=”” img_link_target=”_blank” css_animation=”” link=”http://www.pymnts.com/wp-content/uploads/2015/08/CAN-Capital-Store-Front-Index.pdf” img_size=”full”][vc_btn title=”DOWNLOAD NOW” style=”modern” shape=”rounded” color=”default” size=”md” align=”center” i_align=”left” i_type=”fontawesome” i_icon_fontawesome=”fa fa-download” i_icon_openiconic=”vc-oi vc-oi-dial” i_icon_typicons=”typcn typcn-adjust-brightness” i_icon_entypo=”entypo-icon entypo-icon-note” i_icon_linecons=”vc_li vc_li-heart” css_animation=”” link=”url:http%3A%2F%2Fwww.pymnts.com%2Fwp-content%2Fuploads%2F2015%2F08%2FCAN-Capital-Store-Front-Index.pdf||target:%20_blank” button_block=”true” add_icon=”true” i_icon_pixelicons=”vc_pixel_icon vc_pixel_icon-alert”][/vc_column][/vc_row]