NFIB survey: Dismal sales are small businesses' main stumbling block

02/23/2010 | Washington Post (tiered subscription model), The

The Obama administration is promoting the need to spur lending to small businesses to reinvigorate the economy, but a poll of NFIB members revealed their main problem is a lack of sales. Of those polled, 51% cited lackluster sales as their No. 1 problem, while only 8% said access to credit was their top concern. NFIB senior research fellow William J. Dennis Jr. said the administration's plan to funnel $30 billion in federal aid to community banks likely will not help, but the organization is in a "quandary" about what will.

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