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Practice Management > Building Your Business

Nearly Half of Small Businesses Believe America’s Best Days are Past

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Forty-six percent of small businesses believe America’s best days are behind it, according to a recent small business opinion poll.

Conducted by ORC International for Employers Holdings, Inc., Reno, Nev. (NYSE: EIG), a small business insurance specialist firm, the telephone survey polled 501 owners or managers of small businesses with 1-99 full-time employees.

The poll reports a similarly negative sentiment among small business owners about Washington, D.C.

Eighty-two percent of the respondents agree the federal government should “get out of their way” and 72% say that federal taxation, regulation and legislation make hiring employees more difficult.

Though many small business decision-makers are pessimistic about the U.S. economy and legislation coming out of Washington D.C., they maintain a much more positive outlook about their individual circumstances: Sixty-five percent believe their businesses are headed in the right direction.

The poll also found that only 39% of small businesses believe their best days are behind them compared to the 46% who believe the national economy’s best days are behind it.


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