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Business Unplugged™
This blog features Carol Roth's tough love on business and entrepreneurship, as well as insights from Carol's community of contributors.

Small Business Owners Are Generally Optimistic But…

Written By: Catherine Morgan | No Comments

Carol’s recent post on the Bank of America Small Business Community, “What Small Business Owners Need to Grow Their Companies – and the Economy,” gives her perspective based on the results of a recently published report. Carol begins:

The Fall Small Business Owner Report (SBOR) from Bank of America shows that while small business owners are generally optimistic, there’s a downward trend of individuals who expect to grow their business – even from just this spring.

 This trend may not be surprising given the heated political environment and the concerns that, despite the rhetoric about the importance of small business in the economy, policies to help small businesses thrive rarely follow suit.

 In the SBOR, the two biggest economic concerns impacting business owners weren’t things like consumer spending or even credit availability—no, the top issues were healthcare costs and corporate tax rates, with the latter at a slight increase from just a year ago.

 Not entirely coincidentally, those issues have been at the heart of important yet stalled legislation over the past year. This means that government could, with the right focus and guidance, truly help small businesses create more optimism and, ultimately, growth.

You will definitely want to check out the full article here.

Article written by
Catherine Morgan is the editor of Business Unplugged ™, an engaging speaker, and the founder of Point A to Point B Transitions Inc., a virtual provider of coaching services to individuals who are in business or career transition. Catherine is the author of the eBook Re-Launch You: Discovering Your Point B and Embracing Possibility. An experienced independent consultant and former employee of three of the former Big Five consulting firms, Catherine combines strategy development with accountability coaching. Her productivity tips and career transition advice have been featured on WGN AM 720 and WIND AM 560 The Answer in Chicago, and on WCHE AM 1520 in the Philadelphia area. Catherine speaks frequently on topics related to productivity, career transition, small business, and entrepreneurship. She doesn’t take herself seriously, but takes her subject matter very seriously.