Economic Downturn Gives Birth to New Businesses
Date: 11/11/2008 3:21 PM PST
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1. Did you purchase RingCentral for a new or existing business?
2. If you started a new business, what prompted you to start the business (select as many as apply)
|Need for secondary income source (have another job or business)||60||34%|
|Looking for more economic security||62||35%|
|Following a life-long dream||88||50%|
3. Describe your business setup (select as many as apply)
|Staff centralized in one physical office||41||16%|
|Employees in multiple locations||70||27%|
4. Has the economic downturn negatively impacted your business?
|Has not had any impact||50||19%|
|Has had some impact||116||45%|
|Has had a very strong impact||74||29%|
|Other, please specify||19||7%|
5. Are you reducing overhead costs to cope with the economic downturn?
6. How are you reducting overhead costs?
|Eliminating cost of physical office space||50||24%|
|Reducting costs of business services||99||48%|
|Reducing business travel||32||15%|
|Other, please specify||26||13%|
7. What industry are you in?
|Other, please specify||121||49%|