59% of Small Businesses have Cash Flow Concerns


April 29, 2013

17_american-expressUp from 53% a year ago says American Express in their semi-annual small business survey.

Economic uncertainty is cited as the reason only half plan to increase capital investments in the next six months.

Some other results:

•  54% are optimistic about the future of their small business
•  35% say they don’t need to hire new employees to grow
•  31% plan to hire new employees
•  46% use social media
•  49% participate in community projects
•  83% shop “small” for non-business related purchases
•  92% of entrepreneurs are happy with their lives

Read the report here