Version 1.0 1. New Mexico Small Business Survey The New Mexico SBDC wants to assure you that your responses are completely anonymous. No one will be able to identify you or your answers, and no one will know whether or not you participated in the survey. Your responses are combined with those of many others and summarized in a report to further protect your anonymity. We do not collect identifying information such as your name, email address, or IP address unless you provide them with your comments. Question Title * 1. Terms I agree that selected comments for this survey may be published anonymously Question Title * 2. Please enter the zip code for your business headquarters: Question Title * 3. Please enter the county for your business headquarters: Bernalillo Catron Chaves Cibola Colfax Curry De Baca Dona Ana Eddy Grant Guadalupe Harding Hidalgo Lea Lincoln Los Alamos Luna McKinley Mora Otero Quay Rio Arriba Roosevelt Sandoval San Juan San Miguel Santa Fe Sierra Socorro Taos Torrance Union Valencia Other (please specify) Question Title * 4. What category best describes your business? Agriculture Construction Finance/Insurance/Real Estate Manufacturing Retail Service (including professional services) Transportation Wholesale Other (please specify) Question Title * 5. How many years has your business been operating? Less than 1 year 1 to 3 years 3 to 10 years Over 10 years Question Title * 6. Including the business owner(s), how many employees do you have? 1 to 5 employees 6 to 10 employees 11 to 25 employees 26 to 50 employees 51 to 75 employees 76 to 100 employees Over 100 employees Question Title * 7. Please indicate the range of your gross revenues for the last fiscal year: Under $100K $100 to $500K $500 to $750K $750 to $1 million $1 million to $10 million Over $10 million Question Title * 8. Do you represent a certified minority-owned or woman-owned business? Yes No Don't know Question Title * 9. IndicatorIn the past six months, please indicate if the following measures have increased, had no change or decrease: Increased No Change Decreased a. Sales/revenues a. Sales/revenues Increased a. Sales/revenues No Change a. Sales/revenues Decreased b. Number of employees b. Number of employees Increased b. Number of employees No Change b. Number of employees Decreased c. Spending on equipment/facilities c. Spending on equipment/facilities Increased c. Spending on equipment/facilities No Change c. Spending on equipment/facilities Decreased d. Overall business opportunities d. Overall business opportunities Increased d. Overall business opportunities No Change d. Overall business opportunities Decreased Why? Question Title * 10. IndicatorFor the next six months, please indicate if the following measures are expected to increase, not change or decrease: Increase No Change Decrease a. Sales/revenues a. Sales/revenues Increase a. Sales/revenues No Change a. Sales/revenues Decrease b. Number of employees b. Number of employees Increase b. Number of employees No Change b. Number of employees Decrease c. Spending on equipment/facilities c. Spending on equipment/facilities Increase c. Spending on equipment/facilities No Change c. Spending on equipment/facilities Decrease d. Overall business opportunities d. Overall business opportunities Increase d. Overall business opportunities No Change d. Overall business opportunities Decrease Why? Question Title * 11. What are the three most significant changes, if any, have you made to your business operations during the year? Cultivated new clients/new markets Cut costs Developed new products/services Increased productivity Increased technology investments Reduced debt Reorganized management Other factors (please specify) Question Title * 12. What are the biggest challenges that restrict the growth of your business? Access to capital Complying with government regulations Financial management (managing cost and revenue streams) Finding new markets Strategic planning (advice on how to grow business) Talent (finding right workers) Using technology/social media to attract new customers Other factors(please specify) Question Title * 13. Which three of these financing options have the greatest impact on your business financially? Bank line of credit Business earnings Credit Card Crowd funding Equity financing Non-SBA backed loan Personal savings SBA-backed loan Other (please specify) Question Title * 14. Over the last 12 months, did your business do any of the following? Check all that apply. Applied for new credit Applied to renew existing credit Did not apply for credit because we had sufficient financing Did not apply because we did not think we would be approved Question Title * 15. In the event that you have applied for credit and were denied, what were reasons were given for denial? Banks are just not lending to my type of business Business is too young Insufficient collateral Level of outstanding debt Low credit score Uneven cash flow Unwilling to provide personal guarantee Weak/missing financial statements Weak sales N/A Other (please specify) Question Title * 16. Which three skills do your employees most need? Advanced computer skills Advanced math skills Advanced technology skills (e.g. engineer) Basic computer skills Basic English skills Basic math skills Foreign language skills Interpersonal skills Punctuality/reliability Sales and marketing N/A Other (please specify) Question Title * 17. How easy has it been for you to find employees with the following skills? (1 is very easy, 5 is very hard) Very easy Easy Normal Hard Very hard N/A Advanced computer skills Advanced computer skills Very easy Advanced computer skills Easy Advanced computer skills Normal Advanced computer skills Hard Advanced computer skills Very hard Advanced computer skills N/A Advanced math skills Advanced math skills Very easy Advanced math skills Easy Advanced math skills Normal Advanced math skills Hard Advanced math skills Very hard Advanced math skills N/A Advanced technology skills Advanced technology skills Very easy Advanced technology skills Easy Advanced technology skills Normal Advanced technology skills Hard Advanced technology skills Very hard Advanced technology skills N/A Basic English skills Basic English skills Very easy Basic English skills Easy Basic English skills Normal Basic English skills Hard Basic English skills Very hard Basic English skills N/A Basic computer skills Basic computer skills Very easy Basic computer skills Easy Basic computer skills Normal Basic computer skills Hard Basic computer skills Very hard Basic computer skills N/A Basic math skills Basic math skills Very easy Basic math skills Easy Basic math skills Normal Basic math skills Hard Basic math skills Very hard Basic math skills N/A Foreign language skills Foreign language skills Very easy Foreign language skills Easy Foreign language skills Normal Foreign language skills Hard Foreign language skills Very hard Foreign language skills N/A Interpersonal skills Interpersonal skills Very easy Interpersonal skills Easy Interpersonal skills Normal Interpersonal skills Hard Interpersonal skills Very hard Interpersonal skills N/A Punctuality/reiability Punctuality/reiability Very easy Punctuality/reiability Easy Punctuality/reiability Normal Punctuality/reiability Hard Punctuality/reiability Very hard Punctuality/reiability N/A Sales and marketing Sales and marketing Very easy Sales and marketing Easy Sales and marketing Normal Sales and marketing Hard Sales and marketing Very hard Sales and marketing N/A Question Title * 18. Which of the following professional resources has your company utilized in the last year? (Check all that apply) Accounting Bookkeeping Financial planning/Investment Insurance/Bonding Company Legal/Attorney Marketing Private consultant Real estate agent/Broker Small Business Development Center (SBDC) consultant Question Title * 19. Is there anything that you would like to add that would help us better understand the issues your business faces? Done