Access to Capital is Chief Concern for Small Business Owners, According to New Poll

Research results will be used to shape services and address changing needs of small businesses. SAN ANTONIO, May 3, 2016 – A poll conducted by the Federal Reserve Bank of Dallas in partnership with the Small Business Development Centers of Texas, including the UTSA South-West Texas Border SBDC Network, found that for the first time, access to capital is the greatest challenge facing small-business owners in Texas. While still a critical issue, finding talent fell to second place, garnering 20.4 percent of responses. Sales and marketing was once again the most sought-after skill for potential employees, followed by interpersonal skills. This third annual Small Business Assessment Poll was conducted during the last three months of 2016 and included responses from 1,358 small business owners from 101 counties across Texas. Overall,