Small Businesses Optimistic About Growth

The majority (65%) of accounting professionals and more than half (54%) of small business owners said their companies grew in the last 12 months, according to a new survey from Intuit.

Despite this growth, 75 percent of accounting professionals and 80 percent of small business owners rate today’s economic climate as “just fair” or “poor.”

Both groups expressed optimism for the future, with 94 percent of accounting professionals and 87 percent of small business owners seeing opportunities to grow their businesses in today’s economy.

Factors towards growth include:

*77 percent of accounting professionals said “access to industry news and/or trends” is the most important; “investing in new technology” ranked second .

73 percent of small business owners placed “marketing and/or advertising” as the most important; 57 percent said they plan to focus on “expanding their range of offerings.”

When asked what keeps them up at night, 32 percent of accounting professionals said “keeping clients happy.” For 26 percent of small businesses, “paying bills” is their number one concern.

“Accounting professionals and small business owners are extremely adaptable and flexible individuals,” said Shawn McMorrough, lead research manager of Intuit’s Accounting Professionals Division.

“Despite feeling the pinch in this challenging economic environment, they are optimistic and continue to weather the rapidly shifting business environment. Their unrelenting passion for serving their customers helps accounting professionals and small businesses succeed in the face of any challenge the market presents them.”

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There are 2 Comments. Add Yours.

web
April 15, 2011 at 4:06 am

The local economy fared better in the last few years than many other parts of the United States, but businesses felt shockwaves from the Lower 48′s recent recession.
Jobsfor10$
February 25, 2011 at 4:36 am

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The unique nature of some website enables us to perform as a small trust fund. Meaning, that the $10 the customer transfers the money, but the service supplier will receive it only after the customer has confirmed his total satisfaction from the service provided. We cannot confirm nor have a background check on each service provider, but the way the platforms works assures that service providers who do not perform to the customers total satisfaction will eventually be removed from the site due to low evaluations the receive from you, the customer.
This is a self supported system. As such a system we depend on our followers to promote us. They are actually our best public relations people. Those who experienced the website and had a good interaction there will recommend us to people close to them. Through them we can reach out to a larger audience and provide you a greater deal of options. But it’s not all about us. Your personal interest is also at our heart, by using this platform you can expose yourself to a larger audience and increase your personal followers on the different web applications.
We truly believe that for some things in life there is no need to pay a lot in order to receive a top quality service. So why pay more when what you need to be done can be done for just $10.



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Small Businesses Optimistic About Growth

Small business owners see growth

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