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January 2023 Vermont Business Economic Survey
1) Please select the top three issues facing your business in 2023.
Pandemic-related issues
Finding qualified employees
Federal taxes
Vermont taxes
Property tax (education funding)
Health insurance costs
Other
0
/250
2) If staffing is a challenge for your business, please identify the major factors that play into this.
Lack of candidates
Lack of housing for the candidates (cost of living in Vermont)
Profitability has limited your business’s ability to increase compensation
Fringe benefits, such as health insurance, are too expensive
Income taxes on business income are too high
Other
0
/250
3) Identify what changes you've made to your business in order to adjust to post-pandemic circumstances.
Adopted more digital solutions for operations and sales
Identified new avenues of revenue
Redesigned operations and supply chains to protect against a wider range of potential disruptions
Embraced a more remote (full or partial) office environment
4) Where do you stand with regard to your exit planning strategy
I have no exit plan in place at this time
I have thought about putting an exit plan into place but it is not a concern at this time
I have plans to put an exit plan into place within the next five years
I have developed a written plan and identified a desired exit path
5) How would you describe the current state of Vermont's economy?
Improving
No change
Declining
Unsure/Do not know
6) How would you describe the current state of the U.S. economy?
Improving
No change
Declining
Unsure/Do not know
7) What is the one key business economic issue that you would like to see addressed by the State Legislature?
0
/250
8) How do you expect your company's sales to change in the next six months?
Increase by less than 10%
Increase by 10-30%
Increase by 30+%
Decrease by less than 10%
Decrease by 10-30%
Decrease by 30+%
No change
9) How do you expect your company's capital spending to change in the next six months?
Increase by less than 10%
Increase by 10-30%
Increase by 30+%
Decrease by less than 10%
Decrease by 10-30%
Decrease by 30+%
No change
10) How do you expect your company's employment to change in the next six months?
Increase staffing by 1-3 people
Increase staffing by 3+ people
Decrease staffing by 1-3 people
Decrease staffing by 3+ people
No change
11) Please indicate your business industry.
Agriculture
Artisan
Construction
Educational Services
Finance & Industry
Health Care & Social Assistance
Hotel
Restaurant
Information
Manufacturing
Professional, Technical
Retail
Transportation & Warehousing
Utilities
Wholesale Trade
Other
0
/250
12) County of Headquarters:
Addison
Bennington
Caledonia
Chittenden
Essex
Franklin
Grand Isle
Lamoille
Orange
Orleans
Rutland
Washington
Windham
Windsor
13) Please indicate the scope of your marketplace.
Exclusive to Vermont
Multi-state
National
International
14) If the scope of your marketplace is at the multi-state, national and/or international level, please indicate the percentage of your business done outside of Vermont.
Less than 25%
25-50%
50-75%
75+%
15) Please identify your total annual revenue in fiscal year 2022.
$0 - $250k
$251k - $1M
$1.1M - $3M
$3M+
16) Please indicate your business's total number of employees including staff.
1-10
11-25
26-50
51-75
75+
Submit Survey
