Sage Small Business Economy Study

Sage North America serves 3.2 million small and mid-sized businesses throughout the United States and Canada; Sage regularly surveys those businesses to learn more about their business environment. In September 2011, the most recent Sage Small Business Economy Study was conducted to discover what small business owners think about changing economic conditions, hiring and their access to financing.

The survey was conducted in September 2011 among 275 small business respondents.

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Sage Small Business Economy Study

US small businesses remain bullish on business prospects but concerned about economy as a whole.

View Results by Employee Count

Economic Conditions

In your opinion, has the U.S. already entered a new recession?
0%
of respondents believe we have or will enter a recession the next 12 months.
What effect, if any, do you think the general economic condition has had on your business?
Negative

Negative

0%
Don't know

Don't Know

0%

Employment

0%
don't feel the general economy impacts their employee count.
In the next 6 months, what do you foresee in terms of hiring?
Increase

0%

Increase
Maintain

0%

Maintain
Decrease

0%

Decrease
0%
would like to hire but feel they can't for various reasons.
0%
Economic Uncertainty
0%
Lack of Revenue
0%
High Cost of Healthcare
0%
Lack of Qualified Applicants
0%
Access to New Financing
0%
Other

Access to Financing

In the next 6 months, what effect, if any, do you expect from the downgrade of the U.S. credit rating and debt crisis?
Negative
No effect
Don't know
0%
Negative
0%
No Effect
0%
Don't Know
Have you sought new business financing in 2011?

0%

No

0%

Yes

Found it harder than 2-3 years ago

0%

Obtained the level of financing they were looking for

0%