09 Sep '11, 2pm

[Survey] [U.S] Small Business Owners Poised For Growth in 2012; Concerns Remain About Economy

[Survey] [U.S] Small Business Owners Poised For Growth in 2012; Concerns Remain About Economy

Despite all the negativity we hear in the press about the sad state of the economy these days, the latest Citibank small business survey shows that the majority of small business owners believe they are poised to grow or are already in growth mode. According to the results, about 49-percent say they are “holding their own, but poised to grow when the climate is right” and 28-percent indicated they are already growing. Of course, the vast majority (90-percent) of small business owners remain concerned about the economy, including the possibility of a double-dip recession. “It’s encouraging that small businesses feel prepared to seize the opportunity for growth when it presents itself.” says Raj Seshadri, Head of Small Business Banking at Citibank . “The underlying message here appears to be that small business owners are preparing themselves for a more sustainable growth pa...

Full article: http://www.youngupstarts.com/2011/09/09/survey-u-s-small-...

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