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Long Beach Small Business Monitor (LBSBM)

1Q/2020 - Expectations for Long Beach Small Business in 2020 "Return to Optimism?" 

Long Beach small business people are more optimistic about 2020 then they were at this time last year. More anticipate an increase in sales and revenues, hiring, capital spending and loan financing in 2020.
 

1st Quarter 2020 (pdf)

Purpose

The purpose of the Long Beach Small Business Monitor is to provide the greater Long Beach region and community an understanding of the expectations and desires of small business owners

Survey Methods

The results are based on surveys of 300 small business people randomly selected from all Long Beach small businesses of 50 employees or less. Results are based on a probability sampling of 300 small businesses in Long Beach, CA (2-50 employees). Under the direction of Dr. Flexo, Marketing Systems Group (www.m-s-g.com) generated a random sample from their frame of all small businesses with addresses in Long Beach. The sample was sent to Opinion Access Corporation a professional data collection facility (www.opinionaccess.com). Each record was called by a professionally trained interviewer at OAC. A final sample of 300 interviews with small business were collected using this industry standard procedure. These results have a statistical margin of error of +/-5.5%.

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