About half of small business owners now prefer to invest in their business to gain advantage over competitors, according to the second annual “Brother Small Business Survey” released Tuesday.

That’s a nearly 11 percent increase from last year’s survey by Brother International Corp. , a New Jersey-based maker of office products.

The survey found in 2010 that the majority of small business owners preferred stockpiling cash reserves as a means to help them survive the economic downturn.

Other survey results indicate technology-related problems are a constant concern for small business owners. Three quarters of the businesses experienced tech breakdowns in the last year.

The Brother Survey was conducted by Wakefield Research in late January. More than 500 interviews were conducted among small business owners using random-digit telephone dialing.

Source: Jacksonville Business Journal