This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Romney Voted in by Small-Business Owners

Parks worries that if Romney is voted in, new policies will disrupt progress made under Obama. Metropolitan Protective Services, a private security business, has about 160 employees.

"At this point, [Obama has] been able to apply the brake, but the train is still moving. It's slowing down and coming to a stop and now we're slowly starting to reverse some of the trends. In a few more years we will actually start to feel the effects," he adds.

Greg Jones, CEO of Bookkeeping Express and owner of three Five Guys Burgers & Fries franchises in Florida, says no matter who wins, the uncertainty that has surrounded the markets and economy this year will subside, helping business owners prepare better for the years ahead.

Jones is a supporter of Romney.

"If Romney gets the win, banks are going to put money on the street. Tax cuts to small business will be a priority. Now, if Obama wins, I think there is going to be a negative reaction from the small-business community. There will be more tightening, less expansion and less opportunity for that business owner's business to continue to grow," Jones says.

Jones says more small businesses would fail as a result of the re-election of Obama.

"It's a less-friendly environment," he says.

-- Written by Laurie Kulikowski in New York.

To contact Laurie Kulikowski, send an email to: Laurie.Kulikowski@thestreet.com.

>To submit a news tip, email: tips@thestreet.com.

RELATED STORIES:



Follow TheStreet on Twitter and become a fan on Facebook.
Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $112.75 2.80%
FB $90.29 3.60%
GOOG $636.90 1.30%
TSLA $242.75 8.00%
YHOO $33.68 3.60%

Markets

Chart of I:DJI
DOW 16,654.77 +369.26 2.27%
S&P 500 1,987.66 +47.15 2.43%
NASDAQ 4,812.7080 +115.1720 2.45%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs