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Study Indicates Few Small Businesses Plan to Hire Additional Employees Before the Year’s End

Buffalo Grove, IL, November 12, 2009 --( Of the small business owners and managers surveyed during a Small Business Research Board (SBRB) study conducted in conjunction with IPA, nearly 70% indicated they do not plan to hire additional employees before the end of 2009.

Small business owners and managers in the Midwest and West/Pacific regions displayed the least amount of confidence regarding hiring, as approximately 74% of those surveyed in each of these regions stated they do not plan to hire more employees before the end of the year.

The Small Business Research Board ascertains and reports the opinions of small business owners and managers on a wide variety of topics related to their own businesses as well as national and international issues that may impact their operations. The SBRB conducts these studies for the benefit of small business owners and managers. The SBRB also provides opportunities for third parties to gain real-time insight into the attitudes of small businesses nationwide through the independently conducted research.

The universe of participants is developed from among small businesses across the United States. The SBRB study is a voluntary survey conducted via phone and e-mail. The latest information about the Small Business Research Board can be found at

IPA is the largest privately held provider of management consulting services to small- and medium-size businesses in North America. IPA, based in Buffalo Grove, Ill., and its more than 1,600 professionals offer a wide range of proven and innovative methodologies to help businesses grow and prosper regardless of the economic cycle. IPA either provides directly, or through its affiliated companies, a comprehensive array of business advisory services, tax and estate planning services or merger, acquisition and other financial advisory services in the United States and Canada. More information about IPA can be found at

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