Kansas: #1 nationally for small business optimism

Highlights:

  • Kansas leads the nation in small business optimism
  • But it’s not translating into intentions to hire
  • Possible reason: political uncertainties, particularly tax reform

Local business owners are feeling good in Kansas. In fact, the Sunflower State leads the nation in small business optimism with 23 optimistic owners for every pessimistic one, according to a new study by Womply. All told, 85% of small business owners in Kansas feel good about their business prospects compared to 70% nationally.

Strangely, though, all that optimism isn’t translating into hiring intent. Only 13.9% of Kansas small businesses plan to hire this year, ranking the state #45 nationally. That’s a stark departure from the general trends we saw in our study, with optimists 3.5 times more likely than pessimists to hire and give raises to staff this year nationwide.

It’s possible that political uncertainties have Kansas small businesses in a hiring holding pattern. Tax concerns are the top worry keeping them up at night, and the White House and congress are in the middle of high-stakes and politically charged tax reform negotiations. The outcome of federal tax reform could hold a lot of sway in encouraging otherwise confident small business owners to add staff and boost the local economy.

Speaking of policies that affect small businesses, our study revealed how Kansas merchants feel about pressing issues like healthcare reform (hint: most want Obamacare repealed). Read the full report below.

Blog

Can freelance content creators get PPP loans? (IMPORTANT PPP update)

In this 4-minute read: Can freelance content creators, streamers, influencers, etc. apply for PPP loans? Other PPP loan eligibility requirements […]

Read More

Uber, Lyft, Doordash, Postmates drivers: URGENT PPP RULE CHANGES

In this 4-minute read: Can app-based drivers (Uber, Lyft, Doordash, etc.) get PPP loans? Are there any other eligibility requirements […]

Read More

PPP deadline looms: Womply joins 500+ orgs urging Congress for an extension

In a letter to Congress dated March 1, 2021, Womply has joined more than 500 national trade organizations, small business […]

Read More

How do PPP loans affect taxes for independent contractors? (RULES UPDATES)

In this 4-minute read: What does the Paycheck Protection Program promise? How do PPP loans affect taxes for independent contractors? […]

Read More

COVID-19 stimulus for consultants, contractors, agents (BIG PPP RULE CHANGE)

In this 5-minute read: Paycheck Protection Program (NEW RULES/BENEFIT FOR SCHEDULE C FILERS!) Pandemic Unemployment Assistance (PUA) benefits SBA Economic […]

Read More

Does California Prop 22 impact PPP loans? (plus NEW RULE CHANGES)

In this 3-minute read: What is California Prop 22? How does it affect app-based drivers who want to apply for […]

Read More

See why Womply is the #1 marketing and CRM solution used by 500,000+ businesses.

Please start typing, and then choose your business from the dropdown.

By submitting this form you agree to Womply’s Terms of Service and Privacy Policy.