Headlines Small Businesses Face ‘Paralyzing Uncertainty’ Published 5 years ago on November 8, 2016 By INVISION Staff Share Tweet The election is over, but there are other things to worry about. Small-business owners found themselves “rattled by uncertainty” in October largely because of the presidential election, according to the National Federation of Independent Business. So now that the election is over, will things improve? Possibly, but owners are worried about plenty of other things, too. Juanita Duggan, CEO of the organization, explained that “small business owners, who create most new jobs and employ 58 million Americans, are struggling with high taxes, ball-and-chain regulations, and spiraling health insurance costs.” The NFIB Small Business Optimism Index actually ticked up 0.8 points to 94.9 in October. But that’s against a 42-year average of 98, MarketWatch notes. Advertisement Nearly half of respondents cited taxes or regulations and red tape as their “Single Most Important Business Problem.” Only 9 percent of small business owners said now is a good time to expand, up two points. Among owners who said that now is a bad time to expand, the political climate was the second most frequently cited reason. “Small business owners need predictability. What we’re seeing in our data is that the political climate creates the opposite,” said NFIB Chief Economist Bill Dunkelberg. “Government actions affect basic business decisions, and owners are unwilling to take risks, make investments, or hire new employees as long as politicians and regulators keep them guessing about the future.” Read more at NFIB Advertisement Read more at MarketWatch Related Topics: click to Comment(Comment) Up Next Eyewear Company Wins 2017 German Design Award for 3-D Printed Glasses Don't Miss Husband-and-Wife ECPs Succeed with ‘My Side, Your Side’ Approach SPONSORED VIDEO Sponsored by Shamir Customer Focused, Service Oriented, Forward Thinking for life improvement, fashion, performance sports, occupational single vision, and progressive lenses. Our values, the driving force behind our ideas and actions, keep the ECP in the center. Every Shamir representative is personally committed to our customers’ vision, and to providing the best service and support to meet and exceed their expectations, all with a personal touch. You may like Promoted Headlines Transform Your Multi-Office Phone System Into a Revenue-Generation Tool WEAVE Remastering an Icon Safilo Safilo Introduces Under Armour’s First-ever Optical Collection Safilo Advertisement Latest Trending Videos Tools and Equipment10 hours ago All the Cool Eye Decor You Need and More Business Boosters for August and September Press Releases10 hours ago Kings Guard Gaming and VSP Global Innovation Center Establish Partnership Press Releases24 hours ago 2021 Dr. Marvin R. Poston Leadership Award Recipients Press Releases1 day ago EyeCare4Kids Reaches Historic Milestone; 400,000 Kids Helped Press Releases1 day ago OneSight Serves 267 Patients in the Bronx Headlines2 weeks ago US House Bill Would Expand Medicare to Include Vision Care Photo Gallery1 week ago ECPs Glam It Up in Their Top Eyewear Picks America's Finest3 weeks ago This Clever Business Model Means Total Control for One Minnesota Optical Headlines5 days ago Warby Parker Rolls Out ‘Virtual Vision Test’ App Headlines2 weeks ago Video: 3 Accused of Selling Counterfeit Contact Lenses in Los Angeles Press Releases1 week ago Sun Pharma Launches Third Dry Eye Gets Personal Video Campaign Headlines2 weeks ago Video: 3 Accused of Selling Counterfeit Contact Lenses in Los Angeles Press Releases2 weeks ago Sun Pharma Releases Second Dry Eye Gets Personal Video Campaign Press Releases3 weeks ago Sun Pharma Launches Unbranded ‘Dry Eye Gets Personal’ Video Campaign Sponsored Content1 month ago Transform Your Multi-Office Phone System Into a Revenue-Generation Tool Advertisement SubscribeBULLETINS Get the most important news and business ideas for eyecare professionals every weekday from INVISION. Advertisement Most Popular Headlines5 days ago Warby Parker Rolls Out ‘Virtual Vision Test’ App Headlines4 days ago Nova Southeastern Names Optometry Dean Mark Hinton1 week ago ECP Excellence is Within Your Grasp If You Keep these 19 Things in Mind Products3 days ago The Internet’s Influence on Eyewear Consumers Has Doubled and More of What You Need to Know for August 4ECPs1 week ago 7 Reasons to Use LinkedIn for Your Independent Eyecare Business Best of the Best1 week ago This OD and Marketing Expert Is Blazing A Trail in ‘Social Audio’ Manager's To-Do1 week ago Back to School and Vision Expo West Planning Collide and More Manager’s To Dos for August and September Columns5 days ago Does Private Practice Development Consulting Make a Difference?