Endurance International Group released the results of a survey of its U.S.-based small business customers. The survey found that 66% of small business owners have a positive economic outlook for 2015 as compared to 2014. However, a majority (69%) remains deeply skeptical that the new leadership in Congress will be able to address issues important to small businesses.
The results of the survey, released on the eve of President Obama’s sixth State of the Union address, reveal that while 87% of U.S. small businesses feel that Congress has not been effective in addressing issues important to small businesses, 74% believe that Congress should play a larger role in helping grow U.S. small businesses. A majority (61%) of small business owners do not believe that the President’s State of the Union address will have significant impact on their business planning for 2015.
Asked to rank key issues important to small businesses, survey respondents ranked Taxes as well as their Ability to Obtain Bank Financing as their top two concerns. On other key policy issues, 55% of survey respondents said Tax Code Reform also “Impacts my business significantly.” Survey respondents were mixed on the impact of Healthcare Reform, with 37% responding that it “Impacts my business significantly,” 36% responding “No Impact” and 27% responding “Impacts my business in minor ways.”
The Endurance customers surveyed, all of whom have web presence solutions from the company, regard Net Neutrality as an important issue. 49% responded that Net Neutrality “Impacts my business significantly.” Additional survey results can be found in the chart below and online here.
Endurance International Group is a leading technology provider of cloud-based platform solutions to help small and medium-sized businesses succeed online. Endurance, through its family of brands, supports more than 3.8 million subscribers globally.
Endurance conducted its survey of 850 U.S.-based small businesses from January 7 to Jan. 15, 2015. For purposes of this survey, small businesses are defined as employing 10 or less people on either a full-time or part-time basis.