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1998-06-02 07:56:24


75% of U.S. Small Businesses Have Not Addressed Y2K



Of the 5 million small businesses in the U.S., 75% of them have done nothing to correct y2k. Half say they don't plan to until 2000. This was the finding of a recent survey by the National Federation of Independent Business.

The decision-makers have decided to do nothing. They can't fix it. They won't attempt to fix it. It's too late.

Meanwhile, what are you doing, personally, to fix your y2k situation?

This is from the SACRAMENTO BUSINESS JOURNAL (June 1).

* * * * * * * *

More than 5 million small businesses are exposed to computer glitches associated with the turn of the century, and most of them are likely to wait until the last moment to deal with them, according to a new small-business survey.

At least 75 percent of the small businesses surveyed said they are familiar with the year 2000 computer problem but have taken no action. Half of the surveyed businesses said they have no plans to act before Dec. 31, 1999. The National Federation of Independent Business conducted the survey for Wells Fargo Bank. . . .

William Dennis, senior research fellow at the NFIB Education Foundation, said more than 330,000 small businesses risk closing their doors until the problem is fixed and more than 370,000 are likely to be temporarily crippled by year 2000 computer glitches. . . .

"There is a sense of security among small businesses because they don't consider their offices to be a technology powerhouse," said Claire McAuliffe, principal of San Francisco-based M2 Inc., a management consulting firm. "But the issue is not what they do inside, it's how they interact with their clients and vendors."


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