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    0 Replies Latest reply on Dec 12, 2015 6:18 PM by Moderator Rebecca

    2016 Economic Outlook - Main Street Is Open for Business

    Moderator Rebecca Guide

      Your small business has survived Black Friday, and Cyber Monday and is currently heading down the home stretch of the holiday season.  Hopefully you've had a great start and will have a strong finish to 2015. As you recover from your holiday business you may be wondering what lies ahead.  How will my business fare in 2016?  


      The good news is that America’s small businesses are gearing up for growth. According to the fall 2015 Bank of America Small Business Owner Report, small business optimism is at its highest since the survey’s inception in 2012, with expectations for revenue growth and plans to hire hitting a three-year high. This optimism was seen even as small business owners expressed apprehension over the 2016 presidential election, minimum wage hikes and an increase in interest rates, as more than one-third of those surveyed expressed concern that these factors could impact their business in 2016.  For a complete, in-depth look at the insights of the nation’s small business owners, please visit our: Fall 2015 Small Business Owner Report.


      Let us know what your thoughts are on the results of this report.  Are YOU feeling optimistic about 2016?  Let our community know why and be sure to share any tips that you are taking with you into 2016 to make it the best year for your small business EVER.