In June of 2018, the United States Census Bureau announced a new survey called the Annual Business Survey that will replace three existing surveys, the Survey of Business Owners for employer businesses, the Annual Survey of Entrepreneurs, and the Business Research and Development and Innovation Survey for Microbusinesses. The Census Bureau is purportedly combining the surveys in an effort to reduce respondent burden, increase data quality and reduce inefficiencies.
If your business is selected, you will receive an initial letter informing your business of the requirement to complete the survey. The letter will contain instructions to access the survey online. The Census Bureau estimates that the electronic survey will take approximately 52 minutes to complete, though conversations that our attorneys have had with clients indicate that the time for completion may take much longer.
Responses to the Annual Business Survey are mandatory per Sections 224 and 225 of Title 13 of the United States Code. Any business who fails to respond will be subject to penalties of up to $5,000.
For a list of FAQs about the new survey visit census.gov. If you have any additional questions about the new survey or your requirements please contact us at 770-536-3381.