02 Dec '11, 7am

[Infographic] [U.S.] Small Business Owners And Attitudes Towards The Economy

[Infographic] [U.S.] Small Business Owners And Attitudes Towards The Economy

The economy is the pits, and small business owners are feeling the strain. But how bad is it, really? A recent survey by web design and hosting provider Webs of 1,710 U.S.-based small business owners reveals that small businesses have been taking the downturn a lot harder than most. Amongst some of the findings: - 38-percent of small business owners started their businesses because they were laid-off or unable to find full-time employment, - One out of two small business owners have to supplement their income through part-time or full-time employment elsewhere, in addition to their own business, - Almost 40% of them have delayed further investment in their business due to the uncertain economic outlook. But the good news: - 67-percent think they will due better next year than this year, - Only 20-percent had to lay off workers so far. Here’s the full infographic of the fin...

Full article: http://www.youngupstarts.com/2011/12/02/infographic-u-s-s...

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