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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Apollo Education Grp., Inc. | NASDAQ:APOL | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.995 | 9.89 | 10.00 | 0 | 01:00:00 |
More than one-third of voting Americans say they have increased the amount they buy local in the past year, and more than half say someone in their inner circle owns a business
It is Small Business Week, and for most Americans, small business is personal. More than half (56 percent) of American voters have a parent, immediate family member or close friend who have either previously owned or currently own a small business, according to a Morning Consult survey conducted by University of Phoenix® School of Business in April 2016. For many, it is even closer to home: Fourteen percent of American voters from the same survey say they currently own their own businesses.
Small businesses have provided two-thirds of all net new jobs since the 1970s1, and currently employ 56.1 million of the nation’s private workforce. This is greater than the enterprise sector (companies with more than 500 employees), which employs 51.6 million.2
“Small business not only plays a critical role in the economy, but it is often where the innovation happens,” said Ruth Veloria, executive dean of University of Phoenix School of Business. “Many big businesses today are trying to capture that spirit in their own organizations and are looking to small businesses for inspiration to be more nimble and customer-centric.”
Local Matters
For most Americans, the value of small business extends beyond their own interests. The School of Business survey also found that nine-in-ten American voters believe small businesses are important to their communities and to the health of the U.S. economy. Sixty-two percent say they buy locally most or all of the time to support small businesses in their communities, and more than a third (35 percent) have increased the amount they buy locally in the past year.
As the country celebrates small businesses, Veloria offers tips for those who aspire to be business owners:
Methodology:
A national sample of 2,003 registered U.S. voters completed this online survey, conducted by Morning Consult on behalf of University of Phoenix School of Business, from April 20-22, 2016. The margin of error for the full sample was +/- 2 percent. For complete survey methodology, please contact Tanya.Burden@apollo.edu.
About University of Phoenix
University of Phoenix is constantly innovating to help working adults move efficiently from education to careers in a rapidly changing world. Flexible schedules, relevant and engaging courses, and interactive learning can help students more effectively pursue career and personal aspirations while balancing their busy lives. As a subsidiary of Apollo Education Group, Inc. (Nasdaq: APOL), University of Phoenix serves a diverse student population, offering associate, bachelor’s, master’s and doctoral degree programs from campuses and learning centers across the U.S. as well as online throughout the world. For more information, visit www.phoenix.edu.
1 https://www.sba.gov/managing-business/running-business/energy-efficiency/sustainable-business-practices/small-business-trends2 http://www.census.gov/content/dam/Census/library/publications/2015/econ/g12-susb.pdf
View source version on businesswire.com: http://www.businesswire.com/news/home/20160502005467/en/
University of PhoenixTanya Burden, 303-570-0617tanya.burden@apollo.edu
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