Small Businesses Delay Big Decisions Until After Election
Small businesses won’t budge on some major decisions until after Tuesday’s election results are revealed.
So says a new survey released by Insperity Inc. that shows small-business owners are worried about the election’s outcome—and massive cuts to federal spending—that may affect their bottom line.
“With the exception of plans to increase employee compensation in the next few months, business owners are standing firm awaiting the results of the 2012 election,” said Paul Sarvadi, Insperity’s CEO. “Importantly, concerns about the impending fiscal cliff and its wide-ranging economic effects were certainly evident in answers to our open-ended survey questions.”