User:Raubsjosh/sandbox/articledraft

Article Proposal
The article I am working on is small business. I'm proposing to make additions and also changes to the article to make it a better source of information for the world. As noted before, I intend to expand the article for a worldwide view on small business, not just in America. The article explains a lot about American companies within the states and only a small fraction pertains to businesses overseas. People all over the world can access Wikipedia, so I believe it could be expanded to be more full of a worldwide view for everyone. If adding information across every subheading for the worldwide view is too long, I would like to make my own subheading and make a separate section for that if it comes down to it. The article itself also needs updated to how the current economy is running. The demographic section of the article is also outdated and I intend to find a newer "business" consensus hopefully. The citation for the demographic section does not even exist anymore on the website. Certain sections such as "Retailers Cooperative" could also be expanded because of the little information that is there. There is also needed more citations under the bankruptcy section. The cyber-crime section barely has any information and I found a couple great online sources to add a great deal of information. At the end of adding all of my new information (or updated information), I also intend to read the whole article and go through and fix any grammatical errors I see after I am finished. The article also has listed that the article could contain original research which is not allowed on Wikipedia. Going through and finding this without citations would also be a good way to improve the article.

Demographics (plan to delete this, no citation found)
According to the US 2012 Survey of Business Owners (SBO) there are: 27.6 million businesses in the United States. 9.9 million of these businesses in the United States were owned or led by a woman, representing 35.9% of overall business ownership.

New information added
-In 2016 a surprising demographic of small business owners was published. The study showed that the median American small business owners were above the age of 50. The ages were distributed as: 51% over 50 years old, 33% between the ages 35-49, and 16% being under the age of 35. As for sex: 55% were owned by males, 36% by females, and 9% being equal ownership of both males and females. As for race: 72% were white/Caucasian, 13.5% were Latinos, 6.3% were African American, 6.2% were Asian, and 2% as other. As for educational background: 39% had obtained a bachelor's degree or higher, 33% had some college background, and 28% received at least a high school diploma.

-The United States census data for the years 2014 and 2015 shows the women's ownership share of small businesses by firm size. The data explains percentages owned by women along with the number of employees including the owner. The data shows that about 22% of the businesses owned by women have between 100-500 employees, 28% between 20-99 employees, 32% between 5-19 employees, 41% between 2-4 employees and about 51% have 1 employee. This shows that the majority of women that own businesses are self employed and run the business by themselves.

Retailers' cooperative
A retailers' cooperative is a type of cooperative which employs economies of scale on behalf of its retailer members. Retailers' cooperatives use their purchasing power to acquire discounts from manufacturers and often share marketing expenses. It is common for locally owned grocery stores, hardware stores, and pharmacies to participate in retailers' cooperatives. Ace Hardware, True Value, and NAPA are examples of a retailers' cooperative.

New information added
-Retail cooperatives also allow consumers to supply their own earnings and gain bargaining power outside of the business sector.

-They are often recognized as "local groups" because they own their own stores within the community.

-Retail cooperatives mainly reside within small communities where local businesses are often shut down.

New information added (Cyber crime hurting a business)
-Cyber crime in the business world can be broken down into 4 main categories. They include loss of reputation and consumer confidence, cost of fixing the issue, loss of capital and assets, and legal difficulties that can come from these problems. Loss of reputation and consumer confidence can be impacted greatly after one attack. Many small businesses will struggle to gain confidence and trust in their customers after being known for having problems prior. Cost of fixing the cyber attack would require experts outside of their field to further the investigation and find the problem. Being down for a business means losing money at the same time. This could halt the online operations and mean the business could potentially be down for a long period of time. Loss of capital and assets ties well in with the cost of fixing the issue. During a cyber attack, a business may lose their funds for that business. Worst case scenario, a business may actually lose all their working capital and funds. The legal difficulties involved with cyber crime can become pricy and hurt the business itself for not having standard security measures and standards. Security not only for the business but more importantly the customer should be number one priority when dealing with security protocol.

-The monetary dollar damage caused by cyber crime in 2016 equalled out to be over 1.33 billion dollars in the United States alone. In 2016, California alone had over 255 million dollars reported to the IC3. The average company this year in the United States amounted to 17.36 million dollars in cyber crime attacks. Certain cyber attacks can vary on how long it takes to solve a problem. It can take upwards to 69 days for an average everyday attack on a business. The types of attacks include viruses and malware issues. Employee activities within the workspace can also render a cyber attack. Employees using mobile devices or remote work access off the job makes it easier for a cyber attack to occur.

Bankruptcy
Mainly the whole paragraph needs citations where they are needed. So going through and finding the information for updated citations is useful.

Relationship and entrepreneurship
Spectacular success stories stem from small businesses that expanded in growth. Examples would be Microsoft, Genentech, and Federal Express which all embody the sense of new venture creation on small business.

Sadie's Peer Review
Adding more information about cyber crime was a really good idea because it gives the readers a good quick understanding of what it's about without having to leave the page. Making information available and easy to find is great and I think that helped a lot. Your writing style seems to match up with the article and is very neutral and professional.. Good job at finding out that the information under Demographics could not be backed up and needs to be deleted. Also, great job with your grammar and spelling. It is always important for an article to have good grammar and spelling because they seem more trustworthy and valid when they do. I think that this is a very good job for your first article draft. I do not see anything that I would change just make sure you take out the information that does not have a cite to back it up.