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SMBs Feel Businesses Will Grow In 2009

Written by Ken Gaebler
Published: 6/19/2009

Seven out of 10 entrepreneurs feel their businesses will increase by the end of the year.

It appears that there is good news for small business owners in the near future as yet another study finds that entrepreneurs are gaining optimism about the economy.

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The Small Business Attitudes & Outlook Survey from Constant Contact finds that 70 percent of small business owners believe they will see "moderate" to "significant" growth by the end of this year. An additional 17 percent believed their business will stay the same.

However, it does not appear that this increase in business will result in a drastic rise in new hiring as 53 percent of entrepreneurs who expect to grow their business said they will not hire additional employees.

Gail Goodman, chairman and CEO of Constant Contact, said these figures show that small businesses have been able to take the recession in stride and come out on the other end in a positive fashion.

"The results of the survey reveal the optimism and perseverance that so often marks this spirited group of business owners, as well as their adaptability to meet current economic conditions," Goodman said. "These companies show us all what it takes to succeed in any economic climate."

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