Home Office & Small Businesses Mixed on Hittin’ the Road
The Road WarriorMay 27th, 2009 No Comments »
Hittin’ the road? Many home-based entrepreneurs and small business owners aren’t so sure.
Despite continued economic challenges, the percentage of small business owners planning a summer vacation of at least a week remains similar to last year (56% this year, vs. 59% in 2008), notes the American Express OPEN Small Business Monitor, a semi-annual survey of business owners.
Then again, some entrepreneurs are showing signs that they’ve had enough of the dour predictions and office: Fewer business owners are feeling guilty about taking time off compared to last year (22% vs. 28% in 2008).
What’s most striking about their vacation plans compared to last year is the fact that more business owners are opting to take a less expensive vacation in today’s uncertain economy (32% vs. 20% in 2008). Four of 10 business owners will not take a vacation at all because they can’t afford it.
(The American Express OPEN Small Business Monitor, released each spring and fall, is based on a nationally representative sample of 727 small business owners/managers of companies with fewer than 100 employees. The anonymous survey was conducted via telephone by Echo Research from February 24- March 9, 2009. The poll has a margin of error of +3.6%).