We are pleased to share the Fall 2012 Small Business Owner Report, a semi-annual study that uncovers the concerns, aspirations and perspectives of small business owners across the country. This study examines a variety of topics that are top of mind for small business owners, including the upcoming holiday season, revenue and growth expectations for 2013, business management and access to capital.
Small business owners want to grow or sustain the level of success they’ve experienced in 2012, in the year ahead. They are optimistic about revenue and hiring expectations, but are still wary about the health of the economy.
Moreover, small business owners are overwhelmingly committed to running their business, with the vast majority saying they’ve never had second thoughts about their decision to start a company, despite the stress it can cause them.
At Bank of America, we share in this commitment and continue to provide small business owners with the personalized counsel they need to manage their deposit, credit and cash management needs. Small business is without question the most critical driving factor of our national and local economies. We will continue to provide the resources, specialists, research and insights needed to enable small business owners’ success in the coming year.
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