Small Retailers Feeling Gulf Spill Effects

Despite the national headlines about the impact of the Gulf oil spill on the large industries of fishing and tourism, a new survey says that small businesses will be strongly impacted as well.

The research from Inc. magazine says 25% of respondents to the Capital One Small Business Barometer — as the survey is called — say they expect a long-term impact from the spill.

Among other findings of the survey: One in five small businesses say they are worse off financially than they were a year ago. That’s down from 36 percent in 2009’s second quarter survey.

For all the numbers and findings, and what they might mean to your business, start HERE.