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Majority of Small Business Owners Believe Congress is Underperforming When It Comes to Economy; Many Worry Congress Will Raise Taxes to Help Pay for Budget Deficit


Buffalo Grove, IL, November 14, 2009 --(PR.com)-- According to a Small Business Research Board (SBRB) study conducted in conjunction with IPA, the majority, or approximately 62%, of small business owners and managers believe Congress has not adequately stimulated the economy.

Furthermore, approximately 80% of survey participants stated they are worried Congress will raise taxes on small businesses to help pay for the budget deficit.

Of all U.S. regions, businesses in the South/Southwest region displayed the least amount of confidence regarding congressional economic aid, as approximately 75% of participants surveyed in this region said they think Congress has not done enough to stimulate the economy.

Small businesses in the South/Southwest region also displayed the most concern regarding tax hikes, as nearly 90% indicated they worry Congress will increase taxes on small businesses in an effort to fund the budget deficit.

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 www.ipasbrb.net.

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 www.ipa-c.com.

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IPA
Scott Wood
800-531-7100
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http://www.ipa-c.com

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