The transportation industry encompasses a vast web of interconnected resources including significant modes of transportation by rail, road, marine, and air. These transportation industry statistics cover the four major points in the transportation ecosystem that serve to bring goods to market nationwide. Transportation remains a thriving industry with strong growth potential. 1. The transportation &…
About the Author
Aleks Merkovich
Before his time at Fit Small Business, Aleks Merkovich was a research technician at the Rockefeller University. He also holds a degree in Biology and Psychology from Amherst College. His experience has helped Fit Small Business develop through research and data analytics.
During his downtime, Aleks enjoys live music, a good bubble tea, and taking pictures of his world travels.
21 Insightful Construction & Construction Industry Statistics
If you’ve lived in a Midwestern state, you’ve probably heard the saying, “Here, we have only two seasons: winter and construction.” Although it’s an overstatement for humor’s sake, it’s true that there’s always something under construction. Let’s look at what’s going on in this industry with these construction statistics and trends. 1. Construction is 14.7%…
19 Insightful Food Industry Statistics
From franchises to sit-down restaurants to packaged goods, the food industry is vast and diverse. So, what does your food-related small business need to know for 2019? We’ve put together these food industry statistics to keep you in-the-know and help you advance your business this year. 1. Total food sales in 2017 nationwide amounted to…
15 Retail Statistics for the Optimistic Business Owner
While many experts claim that “retail is dead,” the retail industry is evolving with the times into a new model that promises bigger and better things for consumers and businesses alike. These retail statistics show that the industry is as strong as ever, pointing to a great future ahead. 1. Globally, retail sales are expected…
19 Restaurant Statistics Every Restaurateur Should Know
Everyone loves a good meal, but it’s no surprise that being a restaurant owner can come with its share of challenges. If you’re looking to get into the restaurant business, here are a few restaurant statistics to keep in mind and help you shape your strategy. 1. There are more than 1 million restaurants in…
15 Insightful Branding Statistics
A brand consists of many expressions of the relationship between a company and its customers or clients. And yes, you can quantify its value (ask big name brands like Nike and Coca-Cola about that). We’ll do that and more with these intriguing branding statistics that will convince you to invest in your brand! 1. The…
23 Business Travel Statistics to Help Your Business Soar
Although it’s easier than ever to connect to people across the world remotely, many individuals still have to travel for business. The number of business travelers across the United States is so significant, we think it’s worth an inside look. Here are some business travel statistics and facts to inform your world view. 1. $1.3…
Advertising Statistics Small Business Owners Should Know
Do people still look or listen to ads? Do they remember what they see? Is it worthwhile to spend money on traditional advertising methods such as radio, television, or magazine ads? These and many other questions are answered in our look at advertising statistics that all small business owners should know. We’ve taken a broad…
15 Entrepreneurship Statistics You Should Know
Entrepreneurs are innovators, and hundreds of thousands of Americans are looking to start businesses each year despite the risks. Whether you’re wondering about success rates, how to fund your venture, or what type of degrees or experience you’ll need as an entrepreneur, these 15 current entrepreneurship statistics will help set the record straight. 1. The…
16 eCommerce Statistics You Should Know
More customers are shopping online than ever, and they are also relying on other sources like social media and product reviews to influence their buying decisions. The road to selling a product online is full of obstacles. However, with these 16 ecommerce statistics, you can develop a suitable strategy to help your online business succeed….
Cannabis Industry Statistics
As more states approve cannabis for use, an entirely new market has cropped up in the United States. Medical dispensaries, as well as recreational shops, are opening to supply marijuana to a broad base of consumers. However, what exactly does this market look like, and what can we expect from it in the near future?…
Business Plan Scholarship Winners & Essays
The Winning Essay: Fall 2018 This essay was submitted by Jason Schiffner, winner of the Fall 2018 Business Plan Scholarship. You can read more about his below the essay. I was aimless after the Air Force. My career was everything to me. On the last day of my enlistment, I drove home with a pickup…