Infographic

If I Knew Then What I Know Now – Insight from Small Business Owners [Infographic]

Looking back, many small business owners have no regrets about starting their business, according to the most recent SurePayroll Small Business Scorecard®, which surveyed small business owners nationwide last month. Here’s some highlights:

  • When asked if they had any second thoughts about the timing of when they started their business, the majority (82%) of small business owners said they had no regrets.
  • Nearly 10% say they started their business later than they should have.
  • 3% wish they waited until the economy was in better shape.
  • The majority (80%) say they feel optimistic about the economy compared to last October, when just 63% felt positive.
  • Many respondents (28%) felt that the economy has had a much bigger impact on their business than they ever expected.
  • Looking back, some of the operational aspects business owners wish they understood better include administrative and regulatory requirements (34%), how to hire the right people (26%), how to better manage their time (19%), and the need for capital and how to raise it (14%).

This infographic is courtesy of SurePayroll, a Paychex Company. 

Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
Want to reach our community of entrepreneurs and business owners? ADVERTISE WITH US
+ +
Close
Close