BofA Survey: Majority of Small and Mid-Sized Business Owners Anticipate Revenue Growth This Year

Business and Economic OutlookWhen looking at attitudes concerning the national economy, business owners’ outlooks varied by the size of their business: 75% of mid-sized business owners expect the national economy to improve over the next 12 months, while just 33% of small business owners expect the same. Mid-sized business owners (MSBOs) maintain a positive business outlook: 87% believe their revenue will increase over the next 12 months. 80% plan to expand their businesses in the year ahead. 69% plan to hire over the next 12 months. 84% said their revenues…

Read More