As Donald Trump clears his first 100 days in office, a new Infusionsoft survey is sharing exactly what small business owners think about our government, certain policies affecting small business and the new administration. Nearly 500 U.S. small businesses took the survey this past March and the results were interesting, to say the least.
Here are some of the key findings from the survey:
- Despite public anxiety for the future, small businesses see bright days ahead: 92% believe the next 4 years will be better for business. However, they are unclear as to how the new administration will impact their business.
- Despite growing debates on the effects of the minimum wage rate on small business, the overwhelming majority (81%) claim no impact.
- The majority believe Federal policies unfairly favor big business more than small businesses, the biggest job producers in the country
- Small businesses are divided: respondents were split in the following policies between negative impact and no impact:
- Affordable Care Act: 42% said it had a negative impact, while 46% said no impact.
- Tax rates and Laws: 49% said it had a negative impact, while 44% said no impact.
- Federal and State Regulations: 39% said it had a negative impact, while a slight majority (56%) said there was no impact.
The release of these results comes just as hundreds of small business owners prepare for Infusionsoft’s annual conference, ICON17. The annual event brings together small business owners and marketers for three days of learning and inspiration from keynote speakers such as Marcus Lemonis of CNBC’s ‘The Profit’ and personal trainer and television personality Jillian Michaels, best known for her time on ‘The Biggest Loser’.