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Which of the following best describes your role in your business? (113 responded.)
Owner/top executive of a public corporation
  4.42%
Owner/top executive of a privately held corporation
  24.78%
Member of a partnership
  5.31%
Self-employed with employees
  19.47%
Self-employed with no employees other than yourself
  46.02%
Unemployed, working for myself until I can find a job
  0.00%

How profitable is it to work for yourself? (111 responded.)
I make more money than I would ever make as an employee
  28.83%
I make about the same as I'd make as an employee
  19.82%
I make somewhat less than I'd make as an employee
  32.43%
I'm discovering new ways to stretch a pound of macaroni
  18.92%

How profitable do you expect your business to be this quarter compared to last quarter? (109 responded.)
Much more profitable
  20.18%
Somewhat more profitable
  31.19%
About the same
  31.19%
Less profitable
  12.84%
Much less profitable
  2.75%
I've closed my business, or I am about to do so
  1.83%

Compared to the current quarter, how profitable do you expect your business to be in the last quarter of 2003? (112 responded.)
Much more profitable
  25.00%
Somewhat more profitable
  36.61%
About the same
  28.57%
Less profitable
  6.25%
Much less profitable
  1.79%
I expect to have to close the business
  1.79%

How long have you worked for yourself? (110 responded.)
Less than 1 year
  12.73%
1 to 3 years
  22.73%
4 to 5 years
  9.09%
More than 5 years
  55.45%

Do you work full-time or part-time at your business? (112 responded.)
Full-time
  78.57%
Part-time
  21.43%

Would you ever work for anyone else again? (109 responded.)
Yes
  13.76%
No
  51.38%
If the price were right
  34.86%

Which of the following is of most concern to your business? (101 responded.)
Lagging sales
  51.49%
Inability to find good workers at a price you can afford
  5.94%
Inability to find good workers at any price
  2.97%
High taxes
  6.93%
Government regulations (other than taxes)
  4.95%
Difficulty in securing a loan or other financing
  9.90%
Other (please use the comment section at the end of the survey)
  17.82%

What effect has the Internet had on the profitability of your business? (109 responded.)
My business is Internet-based. It wouldn't exist without the Internet
  24.77%
My business has become more profitable because of the Internet
  36.70%
The Internet has made my business less profitable
  1.83%
The Internet has made no change in my business
  19.27%
I don't use the Internet in my business
  17.43%

What staffing changes do you expect to make in the next 6 months? (107 responded.)
I don't plan any staffing changes
  50.47%
I plan to keep the same number of employees and use contractors when I need additional help
  14.02%
I plan to hire employees
  11.21%
I plan to hire employees and use more contractors as well
  8.41%
I plan to layoff employees and not replace them
  3.74%
I plan to layoff employees and replace them with freelancers or contractors
  0.93%
I plan to stop outsourcing work to freelancers and bring it in-house to save employee jobs
  0.00%
I plan to lay off employees and also reduce work given to freelancers and contractors
  0.00%
There's no work to give anyone
  11.21%

Do you have health insurance? (108 responded.)
Yes
  50.00%
No
  20.37%
I'm covered under a spouse's policy
  29.63%

What is your sex? (112 responded.)
Male
  48.21%
Female
  51.79%
Prefer not to Answer
  0.00%

What is your age? (109 responded.)
Under 20
  0.00%
20 to 29
  4.59%
30 to 39
  26.61%
40 to 49
  33.03%
50 or older
  35.78%

What are your gross annual sales? (95 responded.)
Under $25,000
  29.47%
$25,000 to $50,000
  14.74%
$50,000 to $100,000
  21.05%
$100,000 to $500,000
  22.11%
$500,000 to $1,000,000
  8.42%
More than $1,000,000
  4.21%

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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