BofA Report: Small Business Owners Continue to Be Optimistic About 2013, But Still Concerned About Economy

As a small business owner, how are you feeling about 2013?

When Bank of America polled small business owners and asked them this question they were surprisingly optimistic, but still concerned about the economy.

Check out this article called “Small Business Owners Continue to Be Optimistic About 2013, Yet Concerns About the Economy Remain” from Bank Of America to learn more about the optimistic caution that business owners feel…

“Bank of America today released the fall 2012 Small Business Owner Report, a semi-annual study exploring the concerns, aspirations and perspectives of small business owners across the country. The survey, which includes an oversampling of small business owners across the San Francisco market, found the majority of San Francisco’s small business owners are planning on sustaining or growing their business over the next 12 months. Specifically, more than one-quarter (27 percent) plan on hiring more employees, while 58 percent expect their staffing needs will remain consistent.

“In addition, nearly half (49 percent) of the San Francisco small business owners surveyed anticipate that revenue will increase in 2013, while 10 percent expect revenue to decline. However, this optimism is tempered by their views on the economy, with only 43 percent of San Francisco small business owners confident that their local economy will improve over the next 12 months. Respondents were even less confident in the national (36 percent) and global economies (21 percent) improving in that same period.”

Click here to read the “Small Business Owner Report” from Bank Of America (.PDF)…

Continue to read more about the report here on BankOf America.com…

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