Tuesday, July 19, 2016

Small Business Owners Not Optimistic About Economy, Election | 2016



Small business owners indicated they are are not satisfied with the candidates for president, nor overly optimistic about the future state of their businesses in a recent survey commissioned by Sage, the accounting, payroll and payment systems software company.




Dissatisfaction with candidate choices


49% | “Fairly dissatisfied” or “very dissatisfied” with presidential candidate choices


What former president, living or not, the respondents would want to serve again


28% | Ronald Reagan

15% | Bill Clinton

13% | John Kennedy


Political party to which they self-identified themselves


34% | Democrats

25% | Republicans

25% | Independents




The survey also asked questions to measure the business owners' outlooks toward the economy in general


Pessimistic about the present


23% | Plan to invest in new technology in 2016

32% | Plan to cut expenses in 2016

49% | Think the economy in 2016 will be the same as 2015


Pessimistic about the future


32% | Expect higher taxation (after the election)

19% | Expect more government regulation

35% | Expect increasingly competitive environment




The survey was administered by Qualtrics to 301 Sage customers across the U.S. in early June 2016. All respondents were small business owners, founders and presidents with 1-50 employees.




Photos via WikiMedia Commons | CC BY-SA 4.0 | Clinton by George Skidmore, Trump by BU Rob13

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