Small Business Finance News

Reduced Staffing Is A Top Priority For Small Businesses

Written by Jenna Weiner
Published: 3/18/2011

Sage's Listening Tour asks small business owners what their concerns are.

Recently, Sage Peachtree, a business software supplier, visited four cities - New York, Chicago, Dallas and Atlanta - to find out small business news and this sector's attitude toward 2011.

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As part of its Listening Tour, the company explored the issues small businesses are facing and found that the results correlate with a survey it conducted in late 2010 that found 46 percent of businesses feel the U.S. economy is improving.

Additionally, reduction of bureaucracy took top priority in the survey (56 percent), followed by business taxes (48 percent) and the national debt (48 percent).

"What we found was that many small businesses are grappling with similar concerns," said Jennifer Warawa, senior director of partner programs at Sage. "The top concerns voiced by our attendees were running their businesses on reduced staff, dealing with rising costs and regulatory issues, attracting and keeping new customers, waiting for consumers to start spending again and finding ways to retain skilled employees."

Other recent surveys have reported similar results and indications of an improving economy, such as increased lending and a decreasing unemployment rate.

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