Sunday, March 26, 2023
- Advertisment -

Small business owners complain that federal government not providing for their needs

In a Goldman Sachs survey, more than two-thirds of small business owners claimed that the federal government is not providing for their needs.

According to the study, which was released on Sunday, 70% of small-business owners awarded the federal government a C or lower on the effectiveness of the services, tax credits, and programmes that were available to them.

Just 16% of people gave the federal government a grade of B or above.

85 percent of the small business owners polled awarded the federal government a C or lower for the job it does in terms of marketing and conveying the programmes, services, and tax credits that are accessible to them.

According to Joe Wall, national director of Goldman Sachs 10,000 Small Businesses Voices, “business owners don’t feel like the programmes are all that effective, and they also don’t feel like they have a sense of what’s there, some of which maybe is effective.”

96 percent of respondents agreed that the federal government need to adjust its policies and initiatives more closely to the requirements and circumstances of small enterprises. Furthermore, elected politicians in Washington are given priority over small businesses when making policy decisions, according to 93 percent of respondents.

28 percent of respondents indicated they feel negative, while 68 percent said they are confident about their company’s financial trajectory this year. 1,838 people participated in the Goldman Sachs study, which was conducted between January 23 and January 26 and included small business owners from 48 states.

Patrick Huston
Patrick Huston
As a senior editor, Patrick is a professional who is in charge of putting out business news. As a senior editor, Patrick is likely to be in charge of the duties of junior editors and writers, make sure the content is correct and high-quality, and work with other departments to make sure the business news is published on time. Patrick knows a lot about business and the latest market trends. He uses this knowledge to choose and edit stories that are both interesting and useful to readers. He also works with reporters and analysts to come up with insightful pieces that help readers keep up with the latest business news. Patrick is a very important part of keeping the public informed and interested in important business issues. He is passionate about journalism and strives for excellence.

Disclaimer: We want to be clear that the information on, including news, articles, reviews, and opinions, is intended for reading and knowledge purposes only. While we strive to provide accurate and up-to-date information, opinion and news, we cannot guarantee the completeness, accuracy, reliability, suitability, or availability of any information. The opinions expressed on this website are those of the authors and do not necessarily reflect our views. We recommend that readers conduct their own research and seek professional advice before making any decisions based on the information provided on this website. We are not responsible for any loss, injury, claim, liability, or damage related to the use of this website or the information contained herein. Read more


- Advertisment -