More than half of small businesses fear rising energy costs

small businesses

A recent survey conducted by the Federation of Small Businesses (FSB) highlights significant concerns among small business owners regarding energy costs in the lead-up to the general election.

More than half (53%) of respondents expressed worries about rising energy costs over the next five years.

The survey, which included 1,341 small business owners, also revealed that while 96% plan to vote, over half have not yet made a final decision on their choice.

Taxation and operational expenses are major factors influencing their decisions.

The survey found that 90% of small business owners are concerned about potential tax increases under the next government and 92% are worried about the costs and risks associated with employing people.

The post More than half of small businesses fear rising energy costs appeared first on Energy Live News.

https://survey.energynewsbeat.com/

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About Stu Turley 4813 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.