Small businesses need help from local governments, survey says
Small businesses want more information and less “red tape” from their local governments, according to a survey by Princeton, N.J.-based Opinion Research Corp. (ORC). The Ouch Point survey also highlights the respondents’ other concerns and ways their local governments can help them thrive in different regions of the country.
Fifty-six percent of the respondents listed a need to better inform small businesses as the most helpful action governments can take, and 55 percent said lowering taxes would be most helpful. “The majority of small businesses are looking to their local governments to help them succeed — with tax cuts, fewer regulations and better marketing,” said ORC Senior Vice President Rebecca Elmore-Yalch in a statement. “Local governments can do a lot to facilitate entrepreneurial growth by helping to create conditions and policies that make it easier for small businesses to succeed.”
In the regional breakdown, the survey found that 62 percent of small business owners in the Northeast think their local governments should do a better job of promoting their communities. And, 75 percent of respondents in the Midwest listed tax breaks as their top priority.
View the survey results.