Radius May 2013 Small Business Report
0 likes1,699 views
The report analyzes the small business gun economy in the U.S., documenting over 26 million small and medium-sized businesses, with a focus on those catering to gun owners. It highlights employment patterns, revealing that a significant portion of gun-related businesses employ fewer than five people, and examines the relationship between gun businesses and gun violence across states. Additionally, it showcases Montana as having the highest per capita concentration of gun-related businesses and discusses the social media presence of these businesses.
Radius May 2013 Small Business Report
- 1. State of Small Business Special Report: The Small Business Gun Economy May, 2013
- 2. Data for over 26 million small & medium-sized businesses. the data Radius has amassed an unmatched amount of data that documents the exis- tence and activities of over 26 million small and medium sized U.S. businesses. By collecting and organizing local information from across the Web and through traditional data sources, Radius offers comprehensive insights de- rived from billions of pieces of information. The result is the only living, breathing data set representative of the small business economy in the U.S. the report This April, the U.S. Senate voted for and failed to pass seven new measures addressing gun control. To determine how gun legislation may affect the econ- omy, we dove into the state of small and medium sized businesses that cater to gun owners. We evaluated a range of businesses that comprise the small business gun economy, including retail gun shops, gun part manufacturers, shooting ranges, and more.
- 3. 鐃緒申鐃緒申鐃緒申鐃緒申鐃緒申鐃緒申鐃緒申鐃緒申鐃the size of the small business gun economy A small or medium sized business, as indexed by Radius, employs fewer than 100 employees. These companies may not rake in billions in revenue separate- ly, but when combined, they are the backbone of the American economy. More Americans work for small and medium sized businesses than Fortune 500 companies. We discovered that the small business gun economy very closely reflects the small business economy as a whole: the largest percent of SMBs in the U.S. employ fewer than five people, and there is an inverse relationship between the number of individuals a company employs and the percentage of the economy that they represent. As the employee count grows, the number of businesses declines. 53% / 1-4 1.2% / 250-499 Percentage of Gun-Releated Businesses by Employee Count as indexed by Radius We tracked 26.3 million active small and medium sized businesses in April 2013. 26,393 of them organize their business around guns. 1-4 employees: 53% 5-9 employees: 19% 10-19 employees: 11.5% 20-49 employees: 8% 50-99 employees: 3.5% 100-249 employees: 3.5% 250-499 employees: 1.2% 500-999 employees: < 1.0%19% / 5-9 11.5% / 10-19 8% / 20-49 3.5% / 50-99 3.5% / 100-249
- 4. gun violence vs. gun business Radius indexed the number of small and medium sized businesses in the U.S. for whom chief revenue comes from the sale of guns, gun parts, and gun ammu- nition as well as those whose primary business caters specifically to gun owners. We compared the number of gun-related businesses to the number of total businesses in each state and ranked them by the percentages of local businesses that revolve around the gun community. According to our data, Montana is home to largest percentage of gun-related businesses per capita. Only two of the states with the most gun violence, as recorded in the 2010 census, also ranked in the top ten on our list. More guns dont necessarily mean more gun violence. AK AZ NM LA AR MS AL GA SC MO States with the highest levels of gun violence (according to 2010 census data)Rank based on number of gun-related businesses per state 1 Montana 2 Wyoming 3 Idaho 4 Kansas 5 South Dakota 6 Missouri 7 Alaska 8 Arkansas 9 New Hampshire 10 Nebraska 11 West Virginia 12 Kentucky 13 Oklahoma 14 New Mexico 15 Arizona 16 North Dakota 17 Iowa 18 Oregon 19 Wisconsin 20 Indiana 21 South Carolina 22 Ohio 23 Pennsylvania 24 Mississippi 25 North Carolina 26 Minnesota 27 Louisiana 28 Tennessee 29 Virginia 30 Connecticut 31 Texas 32 Alabama 33 Nevada 34 Maine 35 Colorado 36 Michigan 37 Utah 38 Washington 39 Georgia 40 Florida 41 Hawaii 42 Maryland 43 Vermont 44 Delaware 45 Illinois 46 California 47 Massachusetts 48 New York 49 Rhode Island 50 New Jersey
- 5. the state of gun business in montana When Congress voted on a number of gun control measures, Mon- tanas Senators voted in favor of all measures supporting gun free- dom, and against all measures banning gun freedom. They voted in support of measures that would validate concealed-carry permits across state lines, stop barring veterans deemed incapable of manag- ing their finances from owning guns, and make it easier to transport guns between states. They also voted against measures that would ban high-capacity magazines and assault weapons. When you consider the percentage of businesses per capita in Montana that support gun owners, its no surprise that Montanas Senators voted to expand and maintain gun freedom. Economics may dictate the politics of gun control more than violence or even the 2nd Amendment. Montana The Treasure State 5% Clubs, Shooting Ranges, Services 13% Parts & Accessories Only 82% Parts Retail Gun Business by Radius Sub-Category 113,254 SMBs .16% of all the small and medium sized businesses in Montana sell to, associate with, and organize around gun owners. 82%13%5%
- 6. Percentage of gun-related businesses with social media presence *Less than 1% of gun-related businesses are on Twitter. social media and gun releated businesses Gun related businesses in the U.S. are a very socially active subset of small businesses. Less than 15% of all small businesses indexed by Radius maintain Facebook pages, while almost a quarter of gun-relat- ed businesses do. The majority of gun-related businesses are search- able online, and people are having conversations about gun-related businesses more frequently than theyre having conversations about other types of small businesses. Guns are a hot topic online, and the SMBs at the center of gun debate have joined the conversation. 52% Google Places *Twitter < 1% 32% Reviews 24% Facebook 10% Check-ins 57% Websites 26,393 Gun Releated Businesses
- 7. Based in San Francisco, Radius provides a compre- hensive index of insights and data associated with more than 26 million small businesses in the U.S. Radius technology collects and monitors data from hundreds of thousands of online and social sources. The easy-to-use dashboard allows marketers and salespeople to discover new prospects, prioritize leads and synchronize data.