Our Research: Entrepreneurship & Freelance Economy
Small business owners are suffering from weak sales and decreased customer demand, and on top of that, a lack of access to capital. It is difficult for small business owners to access the capital that will help them grow, hire and jumpstart the economy. Our new opinion polling shows an overwhelming 90% of small business owners nationwide agree the availability of capital for small businesses is a problem.
As the Paycheck Protection Program neared its expiration, Small Business Majority surveyed its national network of small business owners to better understand how businesses have benefited from PPP.
Small Business Majority surveyed its national network of small business owners to better understand who has benefited from the Paycheck Protection Program (PPP) created by the CARES Act, and to shed a light on their concerns with the program. The survey reveals a strong majority of small businesses have applied for a PPP loan, but most are worried about having the loan forgiven.
From stock market dips to shuttered storefronts, it’s no secret that the COVID-19 public health crisis has put too many businesses on the brink of collapse. Our network of 65,000 small businesses have painted a dire reality of what they are facing throughout the crisis, which has elevated the need for government officials to better understand the challenges faced by our nation’s entrepreneurs.
It’s no secret that California has been hard hit by the spread of COVID-19, with a vast 2.7 million applying for unemployment in the past four weeks, and the impacts have been particularly severe on small businesses that have seen their revenues take a nosedive overnight. With the economy on pause, Main Street has been left to cope with how to stay afloat during this unprecedented time.
It’s no secret that the spread of COVID-19 around the country has already had a devastating impact on small businesses. With the economy on pause and uncertainty gripping communities across the country, Main Street has been left to cope with how to stay afloat during this unprecedented time.
Policymakers at all levels, from town councils to the halls of Capitol Hill, emphasize the challenges of small businesses as a key talking point during political debates. But new opinion polling in four states—Illinois, Missouri, Virginia and Wisconsin—reveals small businesses feel their government officials don’t actually understand their challenges, and they support a wide array of policies to address their needs, some of which might come as a surprise to their elected officials.
This report compiles findings from focus groups and roundtable discussions with rural small business owners and other small business stakeholders in four states, as well as the results of a national poll of rural small business owners. The report also features recommendations for policymakers and service providers to increase opportunities for rural entrepreneurs.
Recent scientific opinion polling reveals small business and freelancers need more flexible retirement options. The poll found small employers struggle to offer retirement benefits, and are increasingly turning to independent workers to meet their needs. Additionally, small employers overwhelmingly support state-administered retirement savings plans and other policies that would make it easier for them to offer retirement benefits.
Small business owners are strongly opposed to the FCC’s recent move to repeal rules enforcing net neutrality, according to recent scientific opinion polling. Specifically, the poll found that 56% of small business owners oppose the repeal of the rules, with nearly 4 in 10 (39%) strongly opposed.
Recent scientific opinion polling found small business owners overwhelmingly believe Congress should pass legislation requiring businesses to list their true identity when forming. Such legislation is being considered to fight fraud committed by anonymous shell companies, including when larger companies use these entities to unfairly compete for government small business set-asides. Additionally, the poll found small business owners think such legislation would benefit, rather than burden, their business by protecting them from fraud and allowing them to compete fairly for government contracts.