Obama’s Emergency Relief Plan Gets Top Marks from Small Business
Wednesday, February 25, 2009
Before he takes the presidential oath of office, Barack Obama is getting huge applause from owners of small businesses for the emergency relief plan he’s proposed. Key findings of our January OneBiz Small Business Outlook include:
- 67 percent of those surveyed support moves to make the cost of health care for employees less of a burden; and,
- 78 percent of respondents gave two thumbs up for efforts to improve and increase private lending to small business;
- 94 percent pointed to the Zero Capital Gains and related tax relief for small businesses and start-ups as the element of the plan that held greatest interest and appeal
Small businesses must be able to invest to compete and win against larger businesses with deeper pockets. Make no mistake, small business is the backbone of our country’s economy, and aiding their growth and supporting their creation will act like a high octane priming of the nation’s economic pump.
Our online survey was conducted during the week of January 12, 2009, among individuals who indicated they were owners/principals of businesses with 50 of fewer employees operating in the continental United States. The survey had 750 respondents in the following types of businesses: Professional services/knowledge industries, 55 percent, Service industries, 25 percent, and Manufacturing/fabrication, 20 percent.
Comments