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 user 2003-10-16 at 10:18:00 am Views: 74
  • #7763
    Small Business Optimism Rises Sharply – Hiring Plans Hold Steady
    OPEN Small Business Network 2003 Semi-Annual Monitor from American Express

    Three-Quarters of Business Owners Say They Can Improve to Become Better Bosses

    Small business optimism is on the increase, according to the OPEN Small Business Network(SM) 2003 Semi-Annual Monitor from American Express.

    Nearly three-quarters (72%) of small businesses now see growth opportunities for their businesses over the next six months, up sharply from 64% in the fall of 2002. In addition, 62% of businesses say they plan to make capital investments in the next six months (up from 56% a year ago), and fewer businesses are reporting cash flow concerns, 55%, down from 63% a year ago.

    Despite heightened levels of optimism, businesses appear to be keeping their hiring plans in check. Overall, a third (34%) of small businesses report plans to hire over the next six months, up from 26% reported a year ago, but steady compared to spring 2003 (35%). The survey found that businesses plan to recruit equally for full and part-time positions (18% vs. 19%).

    face=Arial Optimism »