What Matters to Small Businesses on Election Day
GoDaddy (NYSE: GDDY) surveyed over 2,000 small business owners about their top concerns for the upcoming November 5 election. The results show that policies addressing inflation, tax burdens, and cost of living are top priorities for entrepreneurs. Key findings include:
- 93% believe addressing wage and cost inflation should be a top priority
- 50% rank tax reform as a top policy priority
- 32% cite rising housing costs as a barrier to achieving "The American Dream"
- 51% anticipate the election will have a moderate to major impact on their business
- 77% aim to grow their business in the next 12 months
Despite economic uncertainties, small business owners remain resilient, with 38% believing federal government leadership will positively impact their business over the next four years.
GoDaddy (NYSE: GDDY) ha condotto un sondaggio su oltre 2.000 piccoli imprenditori riguardo le loro principali preoccupazioni per le elezioni del 5 novembre. I risultati mostrano che le politiche che affrontano l'inflazione, il carico fiscale e il costo della vita sono le principali priorità per gli imprenditori. I risultati chiave includono:
- Il 93% crede che affrontare l'inflazione salariale e dei costi debba essere una priorità
- Il 50% valuta la riforma fiscale come una delle principali priorità politiche
- Il 32% indica l'aumento dei costi abitativi come un ostacolo per raggiungere "Il sogno americano"
- Il 51% prevede che le elezioni avranno un impatto moderato o maggiore sulla loro attività
- Il 77% punta a far crescere la propria attività nei prossimi 12 mesi
Nonostante le incertezze economiche, i piccoli imprenditori rimangono resilienti, con il 38% che crede che la leadership del governo federale avrà un impatto positivo sulla loro attività nei prossimi quattro anni.
GoDaddy (NYSE: GDDY) encuestó a más de 2,000 propietarios de pequeñas empresas sobre sus principales preocupaciones para las elecciones del 5 de noviembre. Los resultados muestran que las políticas que abordan la inflación, la carga tributaria y el costo de vida son las principales prioridades para los empresarios. Los hallazgos clave incluyen:
- El 93% cree que abordar la inflación de salarios y costos debería ser una prioridad principal
- El 50% clasifica la reforma fiscal como una prioridad política clave
- El 32% cita el aumento de los costos de vivienda como una barrera para alcanzar "El sueño americano"
- El 51% anticipa que la elección tendrá un impacto moderado a significativo en su negocio
- El 77% tiene como objetivo hacer crecer su negocio en los próximos 12 meses
A pesar de las incertidumbres económicas, los propietarios de pequeñas empresas se mantienen resilientes, y el 38% cree que el liderazgo del gobierno federal impactará positivamente su negocio en los próximos cuatro años.
GoDaddy (NYSE: GDDY)는 2,000명 이상의 소규모 비즈니스 소유자를 대상으로 11월 5일 선거에 대한 주요 우려사항을 조사했습니다. 결과는 인플레이션, 세금 부담 및 생활비 문제를 해결하는 정책이 기업가들에게 가장 중요한 우선사항이다는 것을 보여줍니다. 주요 발견 사항은 다음과 같습니다:
- 93%가 임금 및 비용 인플레이션 문제를 해결하는 것이 최우선 과제가 되어야 한다고 믿음
- 50%가 세금 개혁을 주요 정책 우선사항으로 평가함
- 32%가 증가하는 주택 비용이 "아메리칸 드림"을 실현하는 데 장애물로 작용한다고 언급함
- 51%가 이번 선거가 자신의 비즈니스에 중간에서 큰 영향을 미칠 것이라고 예상함
- 77%가 향후 12개월 내에 비즈니스를 성장시킬 계획임
경제적 불확실성에도 불구하고, 소기업 소유자들은 회복력을 유지하고 있으며, 38%는 연방 정부의 리더십이 향후 4년 동안 비즈니스에 긍정적인 영향을 미칠 것이라고 믿고 있습니다.
GoDaddy (NYSE: GDDY) a interrogé plus de 2 000 petits entrepreneurs sur leurs principales préoccupations pour les élections du 5 novembre. Les résultats montrent que les politiques visant à lutter contre l'inflation, la charge fiscale et le coût de la vie sont des priorités majeures pour les entrepreneurs. Les principales conclusions incluent :
- 93% estiment que la lutte contre l'inflation des salaires et des coûts devrait être une priorité absolue
- 50% classent la réforme fiscale comme une priorité politique clé
- 32% citent la hausse des coûts du logement comme un obstacle à la réalisation du "Rêve Américain"
- 51% s'attendent à ce que l'élection ait un impact modéré à majeur sur leur entreprise
- 77% visent à développer leur activité au cours des 12 prochains mois
Malgré les incertitudes économiques, les petits entrepreneurs restent résilients, avec 38% d'entre eux croyant que la direction du gouvernement fédéral aura un impact positif sur leur entreprise au cours des quatre prochaines années.
GoDaddy (NYSE: GDDY) hat über 2.000 Kleinunternehmer zu ihren wichtigsten Anliegen bezüglich der bevorstehenden Wahlen am 5. November befragt. Die Ergebnisse zeigen, dass Politiken zur Bekämpfung von Inflation, Steuerlast und Lebenshaltungskosten höchste Priorität haben für Unternehmer. Zu den wesentlichen Erkenntnissen gehören:
- 93% sind der Meinung, dass die Bewältigung von Lohn- und Kosteninflation eine oberste Priorität haben sollte
- 50% halten Steuerreformen für ein zentrales politisches Anliegen
- 32% nennen steigende Wohnkosten als Hindernis für die Verwirklichung des "Amerikanischen Traums"
- 51% erwarten, dass die Wahl einen moderaten bis erheblichen Einfluss auf ihr Geschäft haben wird
- 77% haben als Ziel, ihr Geschäft in den nächsten 12 Monaten zu vergrößern
Trotz wirtschaftlicher Unsicherheiten bleiben kleine Unternehmer resilient, wobei 38% glauben, dass die Führung der Bundesregierung einen positiven Einfluss auf ihr Geschäft in den nächsten vier Jahren haben wird.
- 77% of small business owners aim to grow their business in the next 12 months
- 38% believe federal government leadership will have a positive impact on their business over the next four years
- Only 27% of small businesses expect more revenue in the next six months
- 70% believe above-average inflation will last for at least another year
- 34% cite increases in operating costs as their most significant economic challenge
- Only 24% believe current federal tax incentives effectively promote growth and investment for small businesses
Top of mind: inflation, taxes, wages and cost of living, reveals GoDaddy survey
Originally published on GoDaddy
TEMPE, AZ / ACCESSWIRE / October 21, 2024 / With the number of small businesses on the rise, entrepreneurs represent an important voting block as November 5 approaches. According to the U.S. Department of the Treasury1, the U.S. registered more than 430,000 small business applications monthly in 2024 -
To help advocate for these entrepreneurs, GoDaddy (NYSE: GDDY) surveyed more than 2,000 small business owners about their top concerns as they head for the polls. The results showed that policies intended to lower inflation, ease tax burdens and the cost of living are top of mind for small business owners this election season.
What matters most to small business voters
Inflation:
93% of survey respondents believe addressing wage and cost inflation should be a top priority for the next administration. Nearly70% believe that above-average inflation will last for at least another year, and 1 in 3 (34% ) cite increases in operating costs as the most significant economic challenge they currently face. Two in three (66% ) indicated a desire for greater federal support to small businesses to mitigate rising costs.Tax Policy:
50% rank tax reform as a top policy priority. Just24% believe current federal tax incentives for small businesses effectively promote growth and investment.Cost of Living: The cost of housing increasing faster than people's incomes creates a barrier to achieving "The American Dream," said nearly 1 out of every 3 (
32% ) respondents. More women (36% ) than men (27% ) feel this is true.
Owning a small business impacts the way owners vote
For many respondents, being a small business owner impacts how they vote, according to GoDaddy's survey results. Nearly 1 in 5 (
More broadly, small business owners are evenly split on how the upcoming election will impact their businesses.
Scale of Impact:
51% anticipate the election will have a moderate to major impact, and49% predict that it will have a minor or no impact.Positive or Negative Impact:
38% believe that federal government leadership will have a positive impact on their business over the next four years, and only16% anticipate a negative impact, with nearly half (46% ) anticipating a neutral impact.
Grit and resilience despite uncertainty
Despite facing economic uncertainty, small business owners are bullish about their future, with
"Small businesses are vital to our communities and economy," saidJared Sine, GoDaddy chief strategy and legal officer. "It's important that our elected officials consider small business owners' concerns as they create policies at the federal, state, and local levels. When small businesses thrive, we all win."
About GoDaddy
GoDaddy helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a professional website, attract customers, sell their products and services, and accept payments online and in person. GoDaddy's easy-to-use tools help microbusiness owners manage everything in one place, and its expert guides are available to provide assistance 24/7. To learn more about the company, visit www.GoDaddy.com.
1 Van Nostrand, E. (2024) Small Business and Entrepreneurship in the Post-COVID Expansion. Available at: https://home.treasury.gov/news/featured-stories/small-business-and-entrepreneurship-in-the-post-covid-expansion#:~:text=Entrepreneurship%20continues%20to%20surge%3A%20the,percent%20more%20than%20in%202019. (1 October 2024).
GoDaddy Inc.
View additional multimedia and more ESG storytelling from GoDaddy on 3blmedia.com.
Contact Info:
Spokesperson: GoDaddy
Website: https://www.3blmedia.com/profiles/godaddy
Email: info@3blmedia.com
SOURCE: GoDaddy
View the original press release on accesswire.com
FAQ
What are the top concerns for small business owners in the upcoming November 5 election according to GoDaddy's survey?
How many small business owners did GoDaddy (GDDY) survey for their election concerns study?
What percentage of small business owners believe addressing inflation should be a top priority for the next administration?
How do small business owners expect the upcoming election to impact their businesses, according to GoDaddy's (GDDY) survey?
