Many Entrepreneurs Would Swap Ownership for a Job

By Mikal E. Belicove|For|July 1, 2010

I hate to be the bearer of bad news, but it’s been a bad week for business, no doubt about that. New jobless claims are on the rise–again. The stock market has dropped below 10,000–again. The national debt has climbed to its highest level since World War II, and pending home sales plunged a record 30 percent. And it’s only Thursday.

On top of all this, a new survey shows that fully one-third of small-business owners say that–given the opportunity–they’d swap their business for a job working for someone else. As long as they were paid what they’re now making or more, these entrepreneurs said they’d drop everything, close up shop and take a job. Another 13 percent said they’d certainly consider selling for employment with someone else.

This second-guessing of business ownership was revealed this week in The Discover Small Business Watch, a survey compiled each month by…

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