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Which of the following best describes your role in your business? (258 responded.)
Owner/top executive of a public corporation
  6.59%
Owner/top executive of a privately held corporation
  27.91%
Member of a partnership
  8.14%
Self-employed with employees
  13.18%
Self-employed with no employees other than yourself
  43.02%
Unemployed, working for myself until I can find a job
  1.16%

How profitable is it to work for yourself? (248 responded.)
I make more money than I would ever make as an employee
  37.10%
I make about the same as I'd make as an employee
  16.94%
I make somewhat less than I'd make as an employee
  30.24%
I'm discovering new ways to stretch a pound of macaroni
  15.73%

How profitable do you expect your business to be this quarter compared to last quarter? (262 responded.)
Much more profitable
  18.32%
Somewhat more profitable
  28.63%
About the same
  24.81%
Less profitable
  17.94%
Much less profitable
  9.54%
I've closed my business, or I am about to do so
  0.76%

Compared to the current quarter, how profitable do you expect your business to be in the first quarter of 2002? (255 responded.)
Much more profitable
  20.78%
Somewhat more profitable
  37.25%
About the same
  30.98%
Less profitable
  8.63%
Much less profitable
  1.18%
I expect to have to close the business
  1.18%

How long have you worked for yourself? (261 responded.)
Less than 1 year
  18.39%
1 to 3 years
  33.72%
4 to 5 years
  6.90%
More than 5 years
  41.00%

Do you work full-time or part-time at your business? (258 responded.)
Full-time
  70.16%
Part-time
  29.84%

Would you ever work for anyone else again? (252 responded.)
Yes
  17.46%
No
  46.43%
If the price were right
  36.11%

Which of the following is of most concern to your business? (237 responded.)
Lagging sales
  47.68%
Inability to find good workers at a price you can afford
  11.81%
Inability to find good workers at any price
  5.91%
High taxes
  8.86%
Government regulations (other than taxes)
  5.06%
Difficulty in securing a loan or other financing
  7.59%
Other (please use the comment section at the end of the survey)
  13.08%

What effect has the Internet had on the profitability of your business? (255 responded.)
My business is Internet-based. It wouldn't exist without the Internet
  20.39%
My business has become more profitable because of the Internet
  33.33%
The Internet has made my business less profitable
  2.35%
The Internet has made no change in my business
  27.45%
I don't use the Internet in my business
  16.47%

What staffing changes do you expect to make in the next 6 months? (248 responded.)
I don't plan any staffing changes
  46.37%
I plan to keep the same number of employees and use contractors when I need additional help
  14.11%
I plan to hire employees
  20.56%
I plan to hire employees and use more contractors as well
  3.23%
I plan to layoff employees and not replace them
  3.23%
I plan to layoff employees and replace them with freelancers or contractors
  0.81%
I plan to stop outsourcing work to freelancers and bring it in-house to save employee jobs
  1.61%
I plan to lay off employees and also reduce work given to freelancers and contractors
  0.40%
There's no work to give anyone
  9.68%

Do you have health insurance? (260 responded.)
Yes
  51.15%
No
  26.15%
I'm covered under a spouse's policy
  22.69%

What is your sex? (262 responded.)
Male
  50.38%
Female
  47.71%
Prefer not to Answer
  1.91%

What is your age? (257 responded.)
Under 20
  1.17%
20 to 29
  8.17%
30 to 39
  22.96%
40 to 49
  37.74%
50 or older
  29.96%

What are your gross annual sales? (231 responded.)
Under $25,000
  25.54%
$25,000 to $50,000
  21.65%
$50,000 to $100,000
  16.88%
$100,000 to $500,000
  21.65%
$500,000 to $1,000,000
  6.49%
More than $1,000,000
  7.79%

Thank you for taking the Business Know-How Small Business Outlook Survey. The final results will be published in the newsletter, please click here to subscribe.

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