Small Business Owners Feel Optimistic About Their Businesses, Yet Bleak On The Economy For The Remainder Of 2015
Endurance International Group's U.S. Small Business Economic and Political Sentiment Survey also reveals small business owners split on U.S. political parties, unhappy with Presidential candidates
PR Newswire
BURLINGTON

BURLINGTON, Mass., Sept. 9, 2015 /PRNewswire/ -- A majority (71 percent) of small businesses owners feel positive about the current state of their business, yet concerns remain about the economic outlook through the end of the year, according to the U.S. Small Business Economic and Political Sentiment Survey conducted by Endurance International Group (NASDAQ: EIGI). More than half (52 percent) of small business owners still cite the health of the economy as the most important issue to their business.

When it comes to Washington, a majority (72 percent) of small business owners do not feel that the current group of Presidential candidates is addressing issues important to small business, and those surveyed were essentially split on which party they feel best represents small business – with the Republican Party at 24 percent and Democratic Party at 23 percent.

"With global stock market volatility and general economic unease around the world, small business owners are looking for our leaders in Washington to prioritize small business issues, and the Presidential candidates should take note," said Endurance CEO and Founder, Hari Ravichandran. "Small businesses don't feel their needs are being adequately addressed. It is critically important that we encourage their growth and innovation."

As for the Presidential candidates, when asked about their thoughts on who would be the most effective leader on issues important to small business, small business owners selected Donald Trump the highest-ranking Republican candidate at 23 percent and Bernie Sanders the highest-ranking Democrat at 18 percent.

Endurance's U.S. Small Business Economic and Political Sentiment Survey provides insights and perspectives on small business owners' views on the economy, policy issues, and the current field of Presidential candidates. The survey was conducted between August 24-31, 2015 and surveyed 1,263 U.S. small business owners, all of whom use Endurance's web presence solutions. For purposes of this survey, small businesses are defined as employing 10 or fewer people on either a full-time or part-time basis.

Full survey results can be found in the chart below and online here.

Survey Results


QUESTION POSED

RESPONSES

 

1. What is your general outlook for your business for the remainder of 2015?

 

Very Positive: 32%

Positive: 39%

Neutral: 23%

Negative: 3%

Very Negative: 2%

 

 

2. What is your general outlook on the economy?

 

Very Positive: 7%

Positive: 29%

Neutral: 40%

Negative: 19%

Very Negative: 5%

 

3. What issue do you think is most important to small business for the remainder of 2015? Choose one.

 

Taxes: 24%

Hiring: 7%

Health of the overall economy: 52%

Strength of dollar/monetary policy: 9%

Rising interest rates: 4%

Rising wages: 5%

 

4. What issue do you think is the second most important to small business for the remainder of 2015? Choose one.

 

Taxes: 25%

Hiring: 11%

Health of the overall economy: 25%

Strength of dollar/monetary policy: 24%

Rising interest rates: 7%

Rising wages: 8%

 

5. Do you feel that the current group of Presidential candidates is addressing issues important to small business?

 

Yes: 28%

No: 72%

 

6. Which political party do you feel best represents and advocates for small businesses in America?

 

Democratic Party: 23%

Republican Party: 24%

Neither Party is effective on small business issues: 53%

 

7. Which Republican Presidential candidate do you think would be the most effective leader on issues important to small business?

 

Jeb Bush: 4%

Ben Carson: 5%

Chris Christie: 1%

Ted Cruz: 2%

Carly Fiorina: 4%

Jim Gilmore: 0%

Lindsey Graham: 0%

Mike Huckabee: 1%

John Kasich: 1%

George Pataki: 0%

Rand Paul: 4%

Marco Rubio: 1%

Donald Trump: 23%

Scott Walker: 1%

Other: 6%

None of the above: 47%

 

8. Which Democratic Presidential candidate do you think would be the most effective leader on issues important to small business?

 

Joe Biden (undeclared): 6%

Lincoln Chaffee: 1%

Hillary Clinton: 15%

Martin O'Malley: 1%

Bernie Sanders: 18%

Jim Webb: 2%

Other: 5%

None of the above: 53%

 

*Due to rounding, numbers may not add to 100%.

About Endurance International Group
Endurance International Group is a publicly traded (NASDAQ: EIGI) technology company that helps power small and medium-sized businesses online. Through its proprietary cloud platform, Endurance provides web presence solutions including web hosting, eCommerce, eMarketing and mobile business tools to approximately 4.4 million subscribers around the globe. The company's world-class family of brands includes Bluehost, HostGator, iPage, Domain.com, A Small Orange, MOJO Marketplace, BigRock and ResellerClub, among others. Headquartered in Burlington, Massachusetts, Endurance employs more than 2,700 people across the United States in Utah, Texas, Washington and Arizona and in the United Kingdom, India, Israel and Brazil. For more information on how Endurance can help grow your business, visit endurance.com, follow us on Twitter @EnduranceIntl and like us on Facebook at www.facebook.com/EnduranceInternational.

Endurance International Group and the compass logo are trademarks of The Endurance International Group, Inc. Other brand names of Endurance International Group are trademarks of The Endurance International Group, Inc. or its subsidiaries.

Press Contact:
Dani LaSalvia
Endurance International Group
(781) 852-3212
press@endurance.com

 

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SOURCE Endurance International Group