What Worries Small Businesses The Most?
http://www.gallup.com/poll/150287/Go...blem-List.aspx
October 24, 2011
Gov't Regulations at Top of Small-Business Owners' Problem List
One in three small-business owners are worried about going out of business
by Dennis Jacobe, Chief Economist
PRINCETON, NJ -- Small-business owners in the United States are most likely to say complying with government regulations (22%) is the most important problem facing them today, followed by consumer confidence in the economy (15%) and lack of consumer demand (12%).
Rounding out small-business owners' top five problems in the Oct. 3-6 Wells Fargo/Gallup Small Business Index poll is lack of credit at 10% and poor leadership by government and the president at 9%.
Looking ahead to 2012, approximately one in three small-business owners say they are very or moderately worried about going out of business. About the same number are worried about not being able to compete with large or global competitors, not being able to hire the number of employees they need, and not being able to pay their employees. Thirty percent worry they will have to reduce their number of employees.
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