The Small Business Authority Finds Washington’s Uncertainty Has Had Greatest Negative Impact on Economy
NEW YORK, April 1, 2013 /PRNewswire/ – Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,800 respondents, one of the key findings from the March survey is 60% of business owners believe uncertainty in Washington has had the greatest negative effect on the economy. Of the remaining, 22% believe income tax increases have had the greatest negative effect on the economy and 18% believe payroll tax increase had the greatest negative effect on the economy.
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Survey: Small Business Owners Believe Economy Is Stuck In Washington Gridlock
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Small Business Authority’s Market Sentiment Survey Results
NEW YORK, Feb. 7, 2013 /PRNewswire/ – Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,200 respondents, one of the key findings from the January survey is 65% of business owners have not yet decided upon a course of action to manage their healthcare costs over the next 12 months. Of the remaining, 13% plan to rebid their policy, 8% plan to reduce benefits to employees and 14% plan to ask employees to pay a greater share.
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Business Owners Undecided on How to Handle Healthcare Costs in 2013
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Small businesses must prepare for what appears to be an extremely difficult economic environment. Tuesday, we discussed all of the new rules and regulations associated with Obamacare. And just yesterday we spoke of the importance of access to capital and small business loans. Today, we broach our third concern for small businesses in 2013 – the need for solid eCommerce Solutions.
June 2012 SB Authority’s Market Sentiment Survey Results
NEW YORK, July 2, 2012 /PRNewswire/ – Newtek Business Services, NASDAQ: NEWT, The Small Business Authority, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 600 respondents, one of the key findings from the June survey is 39% of business owners did not want the Patient Protection Affordable Healthcare Act (PPAHCA) to be ruled constitutional at all and 37% of business owners did not want the Act to be ruled constitutional in part. Only 25% of business owners surveyed wanted the PPAHCA to be enacted. After the Supreme Court ruled that Congress had the right to legislate the PPAHCA, 35% of business owners now want the Act to be repealed and 38% want the Act to be modified.
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Majority of Business Owners Want the PPAHCA Modified or Repealed
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November 2011 SB Authority’s Market Sentiment Survey Results
NEW YORK – November 29, 2011 – Newtek Business Services, NASDAQ: NEWT, The Small Business Authority, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,000 respondents, one of the key findings from the November survey is 88 percent of business owners do not think it is right for the Federal Government to force a state resident to buy health insurance. In addition, only 9 percent believe they will have to purchase health insurance from the government while 53 percent believe the cost of healthcare is going to increase in the next two years.
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Over 90% of Business Owners Do Not Intend on Purchasing Health Insurance from the Government
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NEW YORK, April 14, 2010 — Newtek Business Services, Inc. (Nasdaq:NEWT), The Small Business Authority, has announced that its CEO and Chairman, Barry Sloane was featured, LIVE in-studio on Bloomberg Radio’s The Hays Advantage hosted by respected economist Kathleen Hays on Monday, April 11 at 2:30pm to discuss the outlook for the small business sector and the impact Obama’s 2012 budget plan will have on small businesses.
Commented Sloane, “I don’t think business owners are wildly optimistic. I still think they’re somewhat concerned about government deficits, tax rates, and Obamacare and healthcare costs … they’re aware of the concern of the government debt, and I think they equate it to that the government will come back and effectively confiscate their wealth by higher taxes.”
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Newtek Business Services, Inc. CEO and Chairman Barry Sloane Appears as a Featured Guest on Bloomberg Radio’s “The Hays Advantage”
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CEO in the News
Barry Sloane, President and CEO of Newtek Business Services, Inc., has been featured or mentioned in dozens of business and industry publications in recent months, including The Wall Street Journal, USA Today, The New York Times Online, and Bloomberg Business Week.
For media inquiries, please contact info@thesba.com
| Publication |
Publication date and article title |
| Forbes Magazine |
| 6/30/2011 |
Ask An Expert – Dodging Data Breaches |
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| Forbes.com |
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