The Chicagoland Chamber of Commerce has partnered with Loyola University Chicago’s Quinlan School of Business to conduct the second annual Chicagoland Small Business Economic Outlook Survey.
“Given the vital role small businesses play in creating jobs and anchoring communities in Chicagoland, this study will help us better understand the expectations and pain points of local small businesses and entrepreneurs and help shape Chamber programs and policies to best suit the needs of those companies,” Katie Fitzpatrick, Executive Director of Programs, Chicagoland Chamber of Commerce, said.
Launched last week, the survey queries area small businesses about their goals for success, the challenges they face, and the issues that are most important to them. Chamber officials hope to gather information about demographics, public policy concerns, hiring plans, growth trends and economic outlooks.
The chamber is also interested in what kinds of resources small business owners in the are are already using and what they would like to see become available.
"We are thrilled with the successful partnership between our business students and the Chicagoland Chamber," Janet V. Deatherage, Ph.D., Executive Director, Office of Corporate Engagement, Loyola University Chicago, said. "It is projects such as this that offer real-world experience for our students — experience that is invaluable in today’s business climate.”
Dr. Alex Krasnikov, Quinlan School of Business, Loyola University Chicago, agreed.
"Through this partnership with the Chicagoland Chamber of Commerce, our students solved business challenges in one of the most dynamic and complex markets in the country,” he said. “Such partnerships are unique to Quinlan as they boost the value of business intelligence for our future business leaders.”
Graduate marketing students within the Quinlan School of Business helped develop the survey questions and will provide analysis based on the findings.
Also contributing to the 2015 Chicagoland Small Business Outlook Survey were the Better Business Bureau, Constant Contact, Illinois CPA Society and the Office of the City Treasurer.