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4,140 bytes removed ,  13:40, 6 June 2016
*The SBA has difficulty in [[SBA Lender and Loan Oversight]].
*The CATO Institute argues that the very conception of the SBA was a bad idea, questioning the federal government's strategy in intervening in the credit market. They say that the United States grew to be an economic powerhouse with a small centralized federal government that largely left business development to the private sector. For more information about the CATO institute's criticism, see this [http://www.cato.org/publications/congressional-testimony/waste-fraud-abuse-small-business-administration-programs article].
 
=='''Survey Respondents on Small Business Issues'''==
{| class="wikitable sortable" style="width: 100%;"
|-
! style="width: 5%;" | Survey
! style="width: 1%;" | Date
! style="width: 20%;"| Labor Markets
! style="width: 20%;"| Capital
! style="width: 20%;"| Sales
! style="width: 25%;"| General Outlook
! style="width: 9%;" | Data
|-
| [http://www.nfib.com/assets/SBET-February-2016.pdf SBET February 2016]
| February 2016
|
*42% of businesses in the survey report few or no qualified applicants for a position that they were trying to fill
|
*4% of small business owners surveyed reported that company borrowing needs were not met
|
*11% cite weak sales as their principal business problem
|
*Spending and hiring plans fell as expectations for growth in real sales volumes declined
|
('''N=2194''', Data was obtained from membership files of the NFIB)
|-
| [http://newsroom.bankofamerica.com/files/press_kit/additional/Small_Business_Owner_Report_-_Fall_2015.pdf Small Business Owner report]
|
Fall 2015
|
*67% planned to hire 12+ employees within 2015
|
*46% of small businesses surveyed cite credit availability as their primary concern
|
*28% of businesses say they will use recently acquired funding to develop a new product or service within the next year
|
*56% say they expect the US economy to improve within the next 12 months
*72% of small businesses expect their revenue to increase for the year
|('''N=1,001''' small business owners in
the US with annual revenue $100,000<x<$4,999,999 and employing
between 2<x<99 employees)
|-
| [https://wellsfargoworks.com/File/Index/J6WCK2WHn0yd-wrTX8btvA WellsFargo survey]
|
January 2016
|
*26% of small businesses expect to hire in Q1 2016
*66% of businesses expect the number of jobs to stay the same
*11% of businesses say that hiring and retaining qualified staff is their most pressing problem
|
*19% of businesses responded that obtaining credit was difficult
*5% of say cash flow and financial stability as the company's biggest problem
*4% of businesses surveyed speculate credit availability may be prohibiting company growth
|
*14% experienced difficulty attracting customers in Q1 2016
*38% of businesses surveyed stated a positive revenue increase in Q1 2016
|
*67% of small businesses regard their financial situation as good or very good in Q1 2016
*71% expect a positive financial future within the next 12 months
*8% of small businesses say that the economy is the principal problem their business is facing
|('''N=600''' small business owners in Q1 2016)
|-
|[http://www.vistage.com/wp-content/uploads/2016/02/WSJ-CEO-Survey-0116.pdf WSJ survey]
|
January 2016
|
*54% of businesses surveyed said they expect firm size to increase
|
*40% of businesses reported that they expect their firm's fixed investment expenditures to increase during the next 12 mo.
|
*73% report an expected sales increase within the year
*54% of firms expect their profitability to improve
|
*Investments in new plant and equipment have fallen to their lowest level in more than two years
*20% of firms expect the economy to worsen in the year ahead—the highest level in more than two years.
|
|-
|[https://www.newyorkfed.org/medialibrary/media/smallbusiness/SBCS-2014-Report.pdf NY Fed Survey]
|
2014
|
*27% of businesses reported an increase in their full time staff
*15% reported a decrease in their full time staff
*58% of respondents reported no change in their employee base
|
*23% of businesses reported 10-25K of debt
*62% of businesses had applied for <100K of financing
*41% responded they'd sought financing from a large regional bank
|
*35% of respondents reported increasing revenues and positive profitability
*23% of businesses said they'd experienced difficulty in attracting customers
|
*29% of businesses reported personal savings as their primary financing source
*29% of businesses operated at a loss
*13% of respondents said the increasing costs of running their business was their principal concern
|
10 states of coverage: Alabama, Connecticut,
Florida, Georgia, Louisiana, New Jersey,
New York, Ohio, Pennsylvania, and Tennessee with businesses <500.
|
|}
=='''Issues Facing Small Businesses'''==
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