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Top 10 cost concerns for small businesses

Man dangling from gas pump

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The Canadian Federation of Independent Businesses has compiled a list of the top 10 financial burdens facing entrepreneurs in 2011.



Rank

Concern

Percentage

1

Fuel, energy costs

64%

2

Tax, regulatory costs

63%

3

Insurance costs

49%

4

Wage costs

47%

5

Bank account and processing fees

43%

6

Occupancy costs

23%

7

Product input costs

23%

8

Borrowing costs

22%

9

Capital equipment, technology costs

21%

10

Foreign currencies

11%

The January 2011 findings are based on 967 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Findings are statistically accurate to +/- 3.2 per cent 19 times in 20. For the full PDF report, click here.

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