GLENVIEW, Ill. — Oct. 3, 2008 — A survey conducted this month by online payroll service SurePayroll reveals that small business owners are evenly divided on whether the federal government is making the right decision in bailing out financial firms on Wall Street.
When asked "What is your primary reaction regarding the bailout?" survey participants responded as follows:
"When you are talking about small business, you are talking about the most ardent supporters of capitalism and the free markets," says SurePayroll President Michael Alter. "It's really not surprising that there's some disillusionment with the system having failed in this instance.”
Is the Bailout Good for Small Business?
The small business community is also divided on whether the bailout plan is good or bad for small business owners. In this case, however, a slight majority believes the bailout plan is negative for small business. According to the SurePayroll survey, 51.5% responded that the bailout plan is bad in this regard, while the other 48.5% indicated the bailout plan is good.
One survey respondent indicated that if the bailout doesn’t happen, the U.S. will be in a sorry state of affairs, and likewise further add momentum to the downhill route of the economy.
Another thinks the nation’s crisis is a symptom of poor government policy: “The financial problem is a function of an overreaching, ever expanding government policy that has been evolving for years. The public sector needs to shrink and the private sector thus needs to expand -- this is a direction that will ultimately solve problems without so much controversy in the future."
Other comments include:
About the SurePayroll Small Business Owner Survey
This survey was conducted as an online questionnaire, with responses coming from 262 small business owners that are believed to be a representative sampling of the U.S. small business economy by geographic location and industry.
You can read more of the responses from small business owners at: www.surepayroll.com/spsite/press/releases/2008/bailout-feedback
About SurePayroll:
SurePayroll is the online alternative to ADP® and Paychex®. SurePayroll's service and team members are dedicated to providing an easy, convenient online payroll service at a price small business owners can afford. Tens of thousands of customers rely on SurePayroll to process payroll wherever they want in as few as two minutes.
In addition, SurePayroll offers small businesses solutions for managing 401(k) plans, health insurance, workers' compensation, HR compliance and employee screening. For accountants and banking partners, SurePayroll provides private-label services that enable them to offer payroll processing to their small business clients.
Over the last decade, SurePayroll has received numerous prestigious awards for its innovative technology and outstanding customer service, including recognition from PC Magazine, Inc. 500, Accounting Today, the Stevie Awards and many others.
For more information, you can visit http://www.surepayroll.com, call 877.954.7873 or follow us on http://twitter.com/SurePayroll.
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