Thursday, September 30, 2010

Survey: Small business owners resilient - Silicon Valley / San Jose Business Journal:

http://virtualworldslondon.com/passport/index.html
The survey by , an onlinew payroll service, found just 10 percent were unsure if they woulxd start abusiness again, and 3 percent said they woulfd not. More than two-thirds said they started thei r own business because they wanted the freedom to workfor themselves. Six percent said they started their businesses because they had beenlaid off, whiled 5 percent were continuingg a family business. Twenty-two percent cited a variety ofothed reasons, including wanting to be more available to the desire to work with a nonprofit and runninfg a side business to supplementr income. Twenty-nine percent cited finding good employees.
Twenty-sixz percent cited dealing with legal andaccounting Twenty-one percent cited finding customers. Sixteen percent cite finding funding as the biggest challengse faced when startingtheir businesses. The survey, conducted between Jan. 27 and Feb. 2, was compiledc from responses by 478 small businesses randomly selectedfrom PayCycle’s more than 75,000 small-businessd customers.

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