Here’s a roundup of some of the news last week from the On Small Business Blog. Check back daily.
Many small firms are worried about whether they’ll be in business next year, and they’re blaming their fears on Uncle Sam.
More than one out of three small-business owners are moderately or very worried about going under in 2012, according to a recent Gallup/Wells Fargo poll. Roughly the same number of owners are concerned they will be unable to hire new employees, unable to pay their current workers and struggle to compete with their large competitors.
The statistics were derived from interviews with 604 small-business owners conducted earlier this month (margin of error of 4 percentage points). The data was weighted to reflect the views of business owners with less than $20 million in sales or revenue.
The group also released its latest small-business index, which is meant to convey owners’ ratings of the present economic climate and their expectations for the near future. After turning positive (+12) in January for the first time since early 2009, the index dipped back down to 0 this summer and has gone negative (-3).