Laws Lawyers Find Laws Legal Forms State Laws
Home » Legal News » Small Business Confidence Remains Weak

Small Business Confidence Remains Weak

October 24, 2011 08:27pm  
Not much has changed. Small business owners continue to remain apprehensive regarding their long-term success and the health of the overall market. A recent poll conducted by Wells Fargo and Gallup, which surveyed over 600 small business owners, revealed that entrepreneur’s in the United States remain hesitant and unconfident in their hopes of turning profits and succeeding in the long term.This outlook represents an unchanged attitude; small business owners remain as confident as they did at the end of the recession two years ago. The survey shows that business owner’s post-recession confidence peaked in the beginning months of this year. Although these surveys do not serve as an absolute measurable, they offer insight on how a business owner feels about their own company’s prospects and the macro economy in general. The poll revealed that small business owners’ cite credit problems and the inability to secure financing as the main impediments to success. 22% of small business owners cited taxes and government regulations as the most significant problem.
Loading...
  • Play
  • Pause
  • Volume:
  • Mute
  • Half
  • Max
  • Small Business Confidence Remains Weak
    Not much has changed. Small business owners continue to remain apprehensive regarding their long-term success and the health of the overall market. A recent poll conducted by Wells Fargo and Gallup, which surveyed over 600 small business owners, revealed that entrepreneur’s in the United States remain hesitant and unconfident in their hopes of turning profits and succeeding in the long term.  

    This outlook represents an unchanged attitude; small business owners remain as confident as they did at the end of the recession two years ago. 

    The survey shows that business owner’s post-recession confidence peaked in the beginning months of this year. Although these surveys do not serve as an absolute measurable, they offer insight on how a business owner feels about their own company’s prospects and the macro economy in general. 

    The poll revealed that small business owners’ cite credit problems and the inability to secure financing as the main impediments to success. 22% of small business owners cited taxes and government regulations as the most significant problem. 

    Comments

    Must Read

     APR Explained APR Explained
    The abbreviation APR, in terms of finance, refers to an annual percentage rate.
    4 Categories of Derivative 4 Categories of Derivative
    Financial derivatives are a financial agreement between two parties.
    A Brief History of E-Commerce A Brief History of E-Commerce
    The history of e-commerce has continued up to the present day but is generally considered to also predate the period in which the Internet was available.
    A Brief Overview of Internet Business A Brief Overview of Internet Business
    An internet business can refer to a company or business that will conduct all of its transactions and offer its services and products through the internet.
    A Guide to Assault and Battery Defenses A Guide to Assault and Battery Defenses
    Assault and Battery: DefensesProsecuting a purported incidence of violent physical action as assault and battery requires that the legal system prove that nothing about the context of the action could excuse its performance and that the intention or responsibility of the actor can be demonstrated.
    A Guide to Non-Profit Organizations A Guide to Non-Profit Organizations
    Non-Profit Organization BackgroundNon-profit organizations are those which are set up to provide aid on a local or global level while continuing to funnel income into the cause.
    A Handy Guide to Negotiable Instruments A Handy Guide to Negotiable Instruments
    Money is the one constant of all financial transactions, as it changes hands quickly and readily to accommodate any deals.
    A List of Different Types of Brokerages A List of Different Types of Brokerages
    Brokerage is an overarching term for a firm that helps the acquisition and sales of securities, supplies and assets.
    Operation Confirm
    Are you sure you want to delete it?
      
    Tips