Office Depot, Inc. Shares Key Lessons from 2015 to Help Small Businesses Thrive in 2016
January 06 2016 - 9:00AM
Business Wire
Small Business Index Offers Advice for New
Year
Office Depot, Inc. (NASDAQ: ODP), a leading global provider
of office products, services, and solutions, through its
Office Depot and OfficeMax brands, today released a compilation of
key learnings from 2015 to help small business owners (SMBs) get
back to business in 2016.
“As we kick off a new year it’s important for small business
owners to build on what they learned in 2015,” said Steve Calkins,
executive vice president, business solutions division for Office
Depot, Inc. “We are pleased to continue supporting small businesses
by sharing the best insights from last year to assist with driving
success in 2016.”
At the start of 2015, Office Depot’s monthly Small Business
Index found that to make their businesses more successful, SMBs
planned to become more organized. Based on data collected
throughout the year, Office Depot developed four recommendations
for SMBs to keep in mind as they begin 2016.
Plan Ahead for Disasters
- Nearly two-thirds of SMBs felt that a
disaster plan is necessary for their business, yet significantly
fewer (57 percent) felt that their business was prepared to handle
a natural disaster.
- SMBs felt that internet, phone and
property would be most vulnerable to outages and damage if a
natural disaster were to affect their business.
- SMBs that did not have a disaster or
emergency preparedness plan in place were still somewhat likely to
have emergency supplies on hand.
Have Office Essentials on Hand
- Office supplies were listed as the top
investment for SMBs in 2015.
- SMBs were most likely to gain a sense
of productivity, organization and control when they were using
their favorite daily office products.
- SMBs selected paper products and ink
and toner as their top everyday office supplies.
Make the Most of Your Vacation Time
- Two-thirds of SMBs found it difficult,
at least sometimes, to take time off from work during the summer,
but nearly two-thirds of SMBs planned to take a vacation over the
summer.
- Of the three-in-five SMBs that planned
to take a vacation over the summer, most (76 percent) planned to
stay connected to their work in some way.
Build Community Relationships
- Sixty-four percent of SMBs worked with
at least one other small business in their community on a weekly
basis.
- On average, SMBs engaged with more than
three other small businesses weekly.
- More than two-thirds of SMBs planned on
participating in National Small Business Week in 2015.
To learn more about small business resources, products and
services please visit Office Depot’s Business Solutions Center at
solutions.officedepot.com.
Survey Methodology/Sample Qualifications
Interviews are conducted via the Internet among a nationally
representative sample of small and medium-sized businesses
throughout 2015. Interviewing will be conducted on a monthly basis
in order to track shifts that occur over time.
About Office Depot, Inc.
Office Depot, Inc. is a leading global provider of products,
services, and solutions for every workplace – whether your
workplace is an office, home, school or car.
Office Depot, Inc. is a resource and a catalyst to help
customers work better. We are a single source for everything
customers need to be more productive, including the latest
technology, core office supplies, print and document services,
business services, facilities products, furniture, and school
essentials.
The company has annual sales of approximately $16 billion,
employs approximately 56,000 associates, and serves consumers and
businesses in 59 countries with approximately 1,800 retail stores,
award-winning e-commerce sites and a dedicated business-to-business
sales organization – all delivered through a global network of
wholly owned operations, franchisees, licensees and alliance
partners. The company operates under several banner brands
including Office Depot, OfficeMax, Grand & Toy, and Viking. The
company’s portfolio of exclusive product brands include TUL, Foray,
Brenton Studio, Ativa, WorkPro, Realspace and HighMark.
Office Depot, Inc.’s common stock is listed on the NASDAQ Global
Select Market under the symbol ODP. Additional press information
can be found at: http://news.officedepot.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160106005186/en/
Office Depot, Inc.Sarah England,
561-438-1448sarah.england@officedepot.com
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