Ask not what the government can do for small business owners, because they will respond with a resounding "nothing," according to the latest Intuit Payroll Survey.
An overwhelming majority of small business owners - 94 percent of those who responded to the survey - believe that their small businesses succeed based on what they do for themselves, not what the government does for them.
In addition, 86 percent do not believe the federal economic stimulus package has helped their business, while 75 percent do not believe the government offers them enough support.
On the other side, dealing with government rules and regulations is one of the most challenging aspects of owning a small business, according to the survey, with 84 percent of respondents saying they worry about complying with federal, state and local payroll regulations.
These findings echo this month's Discover Small Business Watch, which found that dealing with government rules and regulations was the second biggest challenge for small business owners, rising 10 percent since last year's survey to reach 22 percent.
Distrust of government support even extends into the healthcare debate, with both the Discover survey and a recent survey by the National Federation for the Self-Employed reporting that a majority of small business owners are opposed to a government-run public option for healthcare.
Business banking news provided by 123Print.com providers of high quality business cards, letterhead, vinyl banners and other business identity and marketing products at prices that let businesses keep more money in their bank accounts. |