NFIB: The Voice of Small Business - 411 Small Business Facts

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Questions - 1 to 35 of 35

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Q#
Top 100
Question
1    
Top 100

Is your business legally structured as a proprietorship, a partnership, a regular corporation also called a C-corporation, a Sub-chapter S-corporation or a limited liability corporation?

2    

Do you effectively have a managing partner or owner, or salaried manager who oversees day-to-day operations of the business?

3    

How many members are on your company’s Board of Directors?

3  a 

How many of those Board members currently own and operate their own business, or did own and operate one?

3 Ab 

Do one or more of your Board members have legal expertise?

3 Bb 

Do one or more of your Board members have finance expertise?

3 Cb 

Do one or more of your Board members have marketing or sales expertise?

3  c 

Does the Board of Directors exist as a true advisory body, or does it primarily exist to fill legal requirements?

4    

Has the legal status of this business changed in the last three years?

4  a 

What was the prior legal status? A proprietorship, a partnership, a C-corporation, an S-corporation, or an LLC?

4  b 

Why did you change it? Was it for:?

5    
Top 100

Counting you and your spouse, if you have a spouse, as one owner, how many current owners of this business are there?

5  a 

In the last three years, has the number of owners increased, decreased or stayed the same?

5  b 

In the last three years, is (are) the individual(s) who owns the business the same person (people) or has (have) the person (people) changed? Disregard any change in marital status over the last three years.

5  c 

Does another business or a non-profit organization have some ownership in this firm?

5  d 

In the last three years, have you divided your business into two or more businesses or sold a substantial share of it to someone else?

5  e 

In the last three years, have you purchased another business or a substantial share of one, and integrated it into this business?

6    
Top 100

Not counting work sites, such as a construction site, how many locations does this business have?

6  a 

Are all the locations in the same state, or are they in more than one state?

6  b 

Do you have one or more locations outside the United States?

6  c 

Is this business operated primarily from the home, including any associated structure, such as a garage or a barn?

6  c1

Do you have a room set aside in your residence for exclusive use as a business office?

7    

How many days are you typically open for business?

7  a 

Are any of these half-days?

7  b 

Which is the typical half-day that you are open?

7  c 

Are you typically closed:?

8    

What are your usual hours of operation? What time do you open?

8  a 

What time do you close?

9    
Top 100

Do you have any employees, not including yourself, whose primary job is to direct, manage, or supervise the work of other employees?

9  a 

About how many employees is it whose primary job is to manage or supervise others?

9  b 

How many of your employees perform managerial or supervisory tasks from time-to-time, but primarily do other things?

10A   

(exclusive job responsibility) Handling government rules and regulations, licenses, and related paperwork.

10B   

(exclusive job responsibility) Marketing and/or sales.

10C   

(exclusive job responsibility) Personnel or human resources.

10D   

(exclusive job responsibility) Accounting, bookkeeping, or finance.

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Volume 4, Issue 7, 2004
ISSN - 1534-8326

William J. Dennis, Jr.
NFIB Research Foundation



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