Small business owners in battleground states identify profitability as key issue ahead of midterms

DALLAS, Oct. 26, 2022–(BUSINESS WIRE)–National Write Your Congressman (NWYC), an organization that gives small businesses a voice in government, released its latest quarterly index that found 80 percent of small business owners said they won in the midterm elections voting for candidates would propose the policies that improve the US economy, and therefore their own business, and support the policies with fewer regulations. This includes small business members from the battleground states of Georgia, Ohio, Nevada and Pennsylvania.

“Business owners plan to vote for candidates who will rebuild the U.S. economy and support their small businesses with less regulation, less spending, fewer government programs, and work to get inflation and the U.S. supply chain under control,” President said Randy Ford and COO of National Write Your Congressman. “Our members are motivated to vote as they have seen rising costs due to inflation and less support for the fossil fuel industry.”

Ninety-nine percent of business owners plan to run in the midterm elections this year. Fifteen percent of business owners say they will vote regardless of party based on the support of their small business candidates.

“I live in Pennsylvania and we need a big change. We need lower taxes, lower corporate taxes and energy policy reform,” said Shawn Hershey, owner of Hershey Excavating LLC in Manheim, Pennsylvania.

Fifty-two percent of small business owners say the outcome of the midterm election will affect their business “very much,” and only 10 percent said the midterm election would have “little” or “no” impact on their business.

“We need more pro-American, pro-small business owner leadership in government,” said Eric Norris, president and operator of NG Salon & Tonsorial in Columbus, Georgia.

98% of small business owners say inflation affects their cost of doing business and the pricing of products and services. Additionally, 91 percent of business owners see increased prices for inventory, products and materials, a 23 percent increase over the last quarter. 80 percent of entrepreneurs have to pass on the cost of these goods to customers.

“Taxes, health care, inflation and energy costs are factors that hurt us badly. The rising costs are through the roof. Those costs are passed on only to the consumer,” said Brint Fanizza, founder and president of Specialty Product Sales, Inc. of Gainesville, Georgia.

The supply chain continues to be a concern and impediment to growth for business owners. 45% of business owners expect supply chain issues to persist for at least a year, and 33% believe issues will persist for two to five years. Fifty-seven percent of small business owners said their business was flat, a 24 percent increase from the last quarter.

“The outcome of the midterm election will influence the direction of the business climate, particularly as legislation is influenced by spending and/or business restrictions restricting the supply and distribution of goods and services,” said Austin Chamness, broker, Weatherbee Real Estate in Graham. Texas.

congress mood

As the mid-term elections remain a priority, hope in Congress surged from 18 percent to 38 percent, a more than 100 percent increase in hope. 54 percent of small business owners said they are confident their US congressmen know their opinions on important issues. 34 percent believe their own elected US Congressmen act on input from their constituents. Thirty-five percent of small business owners surveyed said they trust the elected US Congressmen who represent them.

The quarterly index score of NWYC declined slightly overall but showed an increase in hope, satisfaction and trust in Congress. See the infographic for more information.

NWYC provides members with nonpartisan information and research, and the tools they can use to connect with their representatives in Washington and advocate for the policies and actions that help their small businesses, their families, their employees and their communities to be succesfull.

methodology

NWYC collected data using an online survey conducted October 7-17, 2022. A total of 1,157 respondents took part. Respondents represent 48 of the 50 US states. 59% of business owners surveyed have 1-9 employees and 37% have 10-99 employees.

About National Write to your congressman

National Write Your Congressman (NWYC) is an organization that gives small businesses a voice in American government. As the nation’s largest private, non-partisan membership organization made up of small businesses, NWYC is dedicated to delivering constituent statements to representatives in Washington. For more than 60 years, NWYC has provided small business owners and operators with the tools necessary to connect with members of Congress and a platform to make their collective voice heard. NWYC’s team of experts provide unbiased, impartial information and research on the key issues and upcoming laws affecting small business owners today. NWYC presents both sides of the issue so members can form informed opinions and have their opinions heard.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221026005881/en/

contacts

Anthea Danby
214-205-8062
[email protected]

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