Survey Reveals Small Businesses Optimistic About 2015Carolyn Crummey
Survey Reveals Small Businesses Optimistic About 2015
A new survey conducted by Xero, a Global leader in one accounting software, shows that small businesses are quite optimistic about 2015 based on the growth they found in 2014.
According to the survey of 304 US based small businesses, 81 percent experienced revenue growth this year and nearly 90 percent are forecasting revenue increases for 2015.
OTHER INTERESTING FINDINGS FROM THE REPORT INCLUDE:
- SMBS who use both in-house and outside accounting pros saw revenue increases 24% higher than those who don’t
- 68% say they ‘never or occasionally’ take risks with their business
- 32% say they ‘almost always’ take risks
- Those who take risks saw 49% revenue growth (2014) compared to those who don’t take risks (43% revenue growth)