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BizReport : Research : July 21, 2016

Survey: SMB owners still deciding their vote

The Republican National Convention is in full swing in the US, and the Democratic National Convention is set to get underway soon. But, while many citizens are already firmly on the side of Republican Nominee Donald Trump or presumptive Democratic Nominee Hillary Clinton, many small business owners say they haven't yet decided their vote.

by Kristina Knight

According to new data out from Manta there is still time for either the Democrats or Republicans to sway a few votes. Their new poll indicates that while 37% of SMB owners are in favor of Donald Trump entering the White House, 28% prefer Hillary Clinton, and 36% remain undecided on where their vote will lay.

As to what might sway these undecided votes, Manta's survey suggests candidates should focus on small business issues including regulations and tax incentives.

"If you run a small business you know how hard it is just to keep up with the administrative burden the government has imposed on us over the past eight years," said Nick Braun, CEO and Founder, PetInsuranceQuotes. "Trump is a better candidate for small business owners because he understands the challenges we face. ... Say what you want about his personality or verbal gaffes, the guy did build one of the most recognized real estate businesses in the world."

"The downside to Trump is that he is anti-free trade and is proposing an additional 15% tax for outsourcing jobs and a 20% tax on importing goods, which could significantly raise business costs for many companies," said Alex Reichmann, CEO, iTestCash.

"Anyone can get up in front of a crowd and promise to lower taxes and remove red tape," said Ryan Hulland, president of Netfloor USA. "I would expect concrete plans in lieu of empty promises, and look to their past to see if they have a great track record. That would be a great indicator of a candidate being able to make real change and help small businesses grow."

Tags: 2016 US Presidential Election, Manta, small business trends, SMB trends

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