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Nov 30

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Deloitte study shows growing dissatisfaction with U.S. business conditions

International accounting & consulting firm Deloitte recently issued a study of 652 mid-market company senior executives entitled, “America’s economic engine – why entrepreneurs matter” Companies eligible to participate have annual revenues of between $10 million and $1 billion. Deloitte previously performed previous studies, which allowed Deloitte to note recent business attitude changes.

Generally, U.S. mid-market businesses were less enthusiastic about the business environment provided in the U.S. The survey results included the following questions and responses:

  1. The U.S. economic environment is accommodating to entrepreneurial companies – 43% disagreed or strongly disagreed.
  2. The U.S. regulatory environment is accommodating to entrepreneurial companies – 58% disagreed or strongly disagreed.
  3. The U.S. tax environment is accommodating to entrepreneurial companies – 60% disagreed or strongly disagreed.
  4. 24% of respondents indicated the U.S. is no longer the best place for entrepreneurs seeking to start a business. (Another 18% did not know) Of those that thought the U.S was not the best place to start a business, 87% used to believe that the United States offered the most attractive environment to entrepreneurs at some point in the past.

 

About the author

David Nolte

I am a founding principal of Fulcrum Inquiry, an accounting and economic consulting firm that performs damage analysis for commercial litigation, forensic accountings, financial investigations, and business valuations. I am a Certified Public Accountant (CPA) and an Accredited Senior Appraiser (ASA), as well as having other professional credentials. I regularly serve as an expert witness involving damages measurement. My litigation-oriented resume is on Fulcrum's website.

Permanent link to this article: http://betweenthenumbers.net/2012/11/deloitte-study-shows-growing-dissatisfaction-with-u-s-business-conditions/

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