SOURCE: AdvanceMe, Inc.

July 09, 2007 09:30 ET

Small Businesses Not Taking Full Advantage of Opportunities to Connect With Customers on the Web

Despite Knowing Benefits Businesses Lack Resources to Explore New Internet Tools -- More Likely to Use Working Capital for Traditional Marketing

SCARSDALE, NY--(Marketwire - July 9, 2007) -


CORE NEWS FACTS:

--  Results of the Q2 Capital Access Network Small Business Barometer
    available today; highlighting the use of Internet Tools for small
    business owners
--  Survey conducted nationally among small business operators who accept
    credit cards as form of payment
--  46% of respondents obtaining some revenue from the Web and majority
    (60%) online more than 14 hours per week; many wanting to "generate
    new business leads"
    - 68% using search engine optimization
    - 58% using online advertising
    - 30% spending more than $2,500 a year to promote web presence
--  Low Use of Social Media Tools:
    - 46% never use blogs at all
    - 60% never use Second Life
--  Small Businesses rank using the Web/Internet as #1 choice for marketing
    their business but main reasons listed for going online are email and
    general research on small business solutions
--  30% of respondents credit lack of funds as reason for not creating a
    robust Internet strategy

FULL PRESS RELEASE AND RESULT HIGHLIGHTS AVAILABLE HERE

www.capitalaccessnetwork.com

OTHER RELEVANT COVERAGE TO-DATE

--  http://www.usatoday.com/money/smallbusiness/2007-04-19-smallbiz-web-usat_N.htm
--  http://online.wsj.com/article/SB118341099149255760.html?mod=googlenews_wsj
--  http://www.smallbiztrends.com/2007/06/the-trend-of-small-retail-moving-to-the-web.html
--  http://www.allbusiness.com/retail-trade/eating-drinking-places-eating/4353392-1.html
--  http://brandandmarket.blogspot.com/2007/06/toolbox-for-new-bloggers-great-sites.html
--  http://www.sellingtosmallbusinesses.com/the-value-of-a-media-mention-vs-a-blog-post/
    

Capital Access Network Small Business Barometer

The CAN Small Business Barometer will be released quarterly and is commissioned by Capital Access Network with the purpose of capturing and reporting data that will continue to support the growth and viability of small businesses across America.

About Capital Access Network, Inc.

Capital Access Network is based in Scarsdale, NY. For additional information regarding the survey, please contact Diane Naczi at 770-590-9822 X382 or visit www.CapitalAccessNetwork.com.

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