Health insurance, taxes, and regulations remain top issues for small businesses.
Every four years, NFIB releases its Small Business Problems & Priorities report, detailing the top concerns for small business owners. Results from 2016’s report aren’t surprising: The culprits that have plagued owners for years continue to do so.
“Small business owners are frustrated by the problems that the federal government creates,” says Juanita Duggan, NFIB’s president and CEO. “All of the top problems for small businesses relate directly to excessive federal regulation and taxation.”
Here are the top 10 issues facing small business, according to NFIB’s 2016 Small Business Problems & Priorities report:
1. The cost of health insurance (the No. 1 problem since 1986)
3. Federal taxes on business income
4. Uncertainty over economic conditions
6. Uncertainty over government actions
7. Frequent changes in federal tax laws and rules
8. Property taxes (real, inventory, or personal property)
9. State taxes on business income
10. Locating qualified employees
Download the full Problems & Priorities report for more information and to see breakdowns by industry.