When do owners consider a handshake enough?

    21%

    21% of small-business owners said a handshake was enough for: favors between local owners.

    n = 3,005 small-business owners; US and Canadian rankings · Survey date not recorded · Cherry Data Signals

    Breakdown

    favors between local owners21%
    lending or borrowing tools or equipment20%
    a small-business partnership20%
    selling goods locally17%
    hiring a local tradesperson for a small job14%
    letting someone pay later9%
    0%50%100%

    Figures are reproduced as reported in the supplied research summary; rounded totals may differ from 100%, and some breakdowns are partial. The survey field date is not recorded; document modification dates are not field dates. Respondent country and country-specific sample sizes are not explicitly supplied. US and Canadian location rankings do not establish respondent residence. Reported agreement-use categories total 101%.

    Methodology

    Sample
    3,005
    Population
    small-business owners; US and Canadian rankings
    Country
    Not stated
    Fielded
    Not recorded
    Research by
    Cherry Data Signals
    Study
    How Small-Business Owners Judge Trust and Verbal Agreements

    Cite this statistic

    Cherry Data Signals (Not recorded). "When do owners consider a handshake enough?" Survey of 3,005 small-business owners; US and Canadian rankings, Not stated. https://cherrysignals.com/statistics/when-do-owners-consider-a-handshake-enough

    Free to reproduce with attribution to Cherry Data Signals and a link to this page.

    Related statistics

    Need an original statistic for your own story?

    Explore Survey Research

    Research by Cherry Data Signals