Division of Small Business

Most small business owners are happy, survey finds

It seems like happiness and owning one’s own business go hand-in-hand.

Thirty-seven percent of current and would-be small business owners rated their happiness a “10” on a scale of 1-to-10, according to a survey by small business lender Guidant Financial and LendingClub.

The average rating was “8” and almost three-quarters of the more than 2,700 people¬†surveyed (73 percent) rated their happiness at “8” or better.

Still, running a small business is not without its challenges.

Thirty-three percent of those surveyed said lack of capital/cash flow was their biggest hurdle, followed by:

  • Marketing and advertising: 15 percent
  • Time management: 13 percent
  • Employee recruiting and retention: 13 percent
  • Administrative work: 13 percent
  • Managing and providing benefits: 6 percent.

Click here for more from the Guidant Financial and LendingClub survey.

The Delaware Division of Small Business wants to help you start and grow your business in Delaware.

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