More than 60 per cent of companies thought the programme of recovery from the worst recession in decades was being handled poorly.
And three out of four businesses believe a project to transform the Talbot Gateway area of the resort will not help the town to build up its flagging business district.
Regeneration bosses in Blackpool have declined to comment on the findings, saying they were not informed of the survey.
Large parts of the 25 acre site will be bulldozed to make way for the £220m development, which council chiefs say is a "major step forward" for the resort.
Many of the 150 businesses from across Lancashire said they were confident the UK would recover from its financial slump in around two years' time.
The second annual survey, carried out by Blackpool-based accountants Moore and Smalley and Downtown Preston in Business (DPIB), showed that, while some sectors are being hit hard by the downturn, the majority of businesses are standing firm, and have a relatively bright outlook.
Danny Houghton, marketing and business development director for Moore and Smalley, said: "Considering many owners are working harder to help their business through the recession, we are very impressed that so many have contributed to the survey.
"This report provides useful information and intelligence on the issues that matter to Lancashire businesses.
"There are some surprises but the underlying message seems to be that businesses in our county have a strong can-do mentality and this is vital during these challenging times."
The report focused on possible areas of recovery in the county and on some of the major projects, including the controversial Tithebarn project in Preston and Blackpool's regeneration bid.
A massive 85 per cent of businesses surveyed feel recovery will take place in two years or less, and a similar figure, 84 per cent, report they are either holding their own or seeing positive growth.
Other findings included more than a third of companies saying sales had increased by more than 100 per cent compared to last year's figures.
Almost three quarters said UK banks were to blame for the recession with 63 per cent of those questioned blaming US banking institutions.
Frank McKenna, chairman of DPIB in Preston, said: "This survey has surprised us in many ways, with a number of positive messages at one of the worst economic periods in recent memory.
"Despite the obvious difficulties faced by many businesses, the results of the survey show many are reporting healthy profits and staffing levels.
"Of course, there are some strong criticisms of both the Government and the banking system in the report, with mixed messages about the level of preparation schools, colleges and universities give people for the workplace."