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Small Businesses Share Varied Expectations in 2014 Gallup, Wells Fargo Survey

Small Businesses Share Varied Expectations in 2014 Gallup, Wells Fargo Survey - top government contractors - best government contracting event

city bright lightA new Gallup and Wells Fargo survey indicates nearly half of U.S. small business owner respondents claim they feel the same way about their companies' outlook as they did at end of the previous year, the Washington Post reported Wednesday.

J.D. Harrison writes about a quarter or 23 percent of the 600 employers surveyed are more optimistic about their companies’ future and around 28 percent are pessimistic about their firms’ outlook at around the same period as last year.

Many responding employers mentioned cash flow as a main concern and others name finding new business opportunities and clients as primary hurdles, the report said.

Four percent identified credit availability as a potential obstacle for their business, according to the Post.

Twelve percent are worried about the nation’s overall economic health, 11 percent are concerned about the “brinkmanship” of the federal government and another 11 percent are anxious about the health reform law, Harrison reports.

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