Why have handshake deals become less common?
32%
32% of small-business owners gave this reason handshake deals have become less common: people are less trusting.
n = 3,005 small-business owners; US and Canadian rankings · Survey date not recorded · Cherry Data Signals
Breakdown
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). "Why have handshake deals become less common?" Survey of 3,005 small-business owners; US and Canadian rankings, Not stated. https://cherrysignals.com/statistics/why-have-handshake-deals-become-less-common
Free to reproduce with attribution to Cherry Data Signals and a link to this page.
Related statistics
- Does reputation travel faster in small communities?85%
- What makes small-business owners trust someone?22%
- What worries owners about handshake deals?27%
- When do owners consider a handshake enough?21%
- What signals business trustworthiness?30%
- What frustrates owners about modern business?23%
- Which US communities value verbal business agreements?#1
- Which Canadian communities value verbal business agreements?#1
Need an original statistic for your own story?
Explore Survey ResearchResearch by Cherry Data Signals