Small Business Owners Poised to Impact Upcoming Elections, New Survey Finds

Voices” report revealed that small business owners are tuned into elections this year. And of those polled, 96 percent said they’d “definitely or probably” vote in November.

One standout data point from the poll also showed that 20 percent of small business owners said they’re undecided who they will support for president. This compares to 12 percent of the general public saying they’re undecided, according to recent surveys.,” the report’s authors said. “Fifty-five percent say they’re dissatisfied with the way candidates have been addressing small business issues, with just 27 percent saying they are satisfied.

When asked about which issues are being “sufficiently addressed” by candidates, inflationary pressures topped the list with 73 percent and was followed by small business tax policy at 72 percent. Regulatory burden on small businesses came in at 70 percent and access to affordable capital garnered 66 percent.said respondents cited higher labor costs, increasing costs of commercial insurance and higher costs for rent as top concerns.

The report noted that compared to three months ago, 71 percent of those polled said inflationary pressures have increased on their businesses while 49 percent say they’ve had to raise the prices on their goods or services to cover the costs. Jessica Johnson-Cope, president of Johnson Security Bureau in The Bronx, N.Y., said in the report that small business owners today “are experiencing operating costs that are increasingly unaffordable. Small business owners are resilient, and most are enduring despite the challenges. As campaign season kicks off, small business owners want policymakers and candidates to focus on issues that improve the small business climate because small business is America’s future.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

City of Montgomery & Montgomery County mark Small Business Week with events, new support programs for ownersIt’s National Small Business Week, an annual event hosted by the U.S. Small Business Administration to recognize small business owners nationwide.
Source: wsfa12news - 🏆 338. / 59 Read more »

Bronx Week features contest for small business owners to grow their companiesIt's Bronx Week and Thursday is all about celebrating and building a better future for small business owners.
Source: ABC7NY - 🏆 592. / 51 Read more »

Seattle small business owners frustrated with lack of police response for property crimes, theftA man and woman burglary team got away with thousands of dollars of merchandise from a Seattle business, and local shop owners believe their crime spree extends throughout the city.
Source: fox13seattle - 🏆 328. / 59 Read more »

New survey sheds light on how small business owners are staying resilient amid uncertaintyA new survey of small business owners by Capital One found offered insights into how they deal with adversity and stay resilient despite the stresses that come with running a business.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Arizona small business owners are now required to file more information with the federal governmentMarissa Sarbak joined the ABC15 Arizona team in April 2024 as a Reporter and fill-in Anchor.
Source: abc15 - 🏆 263. / 63 Read more »

Small business owners lament inflationAs inflation continues to rise this year, small businesses are feeling the pain.
Source: cbsaustin - 🏆 595. / 51 Read more »