Small Business Owners Staying in California

San Francisco, CA— In spite of Texas Governor Rick Perry’s attempt to lure California businesses to Texas, Small Business California’s 9th annual survey of small business executives found that 77 percent of the business leaders see themselves in California in the next three years. A total of 1300 small business executives took the survey this year. 

“Keeping small businesses in California should be a top priority,” says Scott Hauge, Small Business California’s President and Co-founder. “These business executives will play a vital role in helping California’s economy progress.”

 

Despite a majority of small business executives seeing themselves in California three years from now, the survey also found:

 

  • 65 percent said that they have not been seeking additional capital fort their business

 

  • 62 percent of small business executives say that the economy should be a “top priority” for California legislators.

 

  • 67 percent of respondents said that they were not planning to hire within the next six months.

 

  • 35 percent said that they have not hired employees in the last 24 months

 

  • 46 percent of small business executives said that the economy has stayed the same in the last 3 months.

 

The complete results of this year’s survey can be found at Small Business California’s website: http://www.smallbusinesscalifornia.org.

 

      Small Business California represents the interests of small businesses in California. Its Board of Directors is comprised of leading advocates for small businesses and represents thousands of small businesses in every part of the state. 

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