Tag Archive for 'Hiring obstacles'

SBA Poll Results: Why are you not hiring?

The Question:
What single issue will have the greatest impact on your decision to hire new employees or not?

68% - The overall economy

11% - Obamacare

8% - Technology alternatives

14% - Outsourcing alternatives

My Comments
This is not a “chicken or egg” quandary. No one ever founded a small business so they could hire people. They hire people so they can grow their business. So when facing troubling circumstances, small business owners stop hiring.

We wanted to know what current troubling circumstance was causing the five-year drought of small business hiring to continue. As you can see from the responses to our poll question last week, the big trouble is overwhelmingly the overall economy, with the other options dividing up the other third.

This is also not a quandary. As I’ve said many times in the past five years, small businesses create half of the U.S. economy and most of the net new jobs. So when small business owners are troubled, you get half of the economy and very little hiring in the United States of America. Small business need more business from paying customer, from which businesses grow, profits result, and the hiring of more people can be funded.

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