“Small business owners are showing signs of strong optimism, according to the latest quarterly Wells Fargo/Gallup Small Business Index survey. The optimism, the survey said, is associated with high levels of confidence in present and future financial situations, with 52% of respondents saying revenues for their business have increased over the past 12 months, while 74% said the same of the previous years’ cash flow. Estimates toward these indicators over the next year also had strong scores, with 58% of respondents expecting gains in revenue while 79% expect somewhat or very good cash flow.”
Small business owners are confident in the economy, as booming business and record low unemployment are smashing past records that many thought were insurmountable. Despite having a tough taxation regime and significant regulatory burdens, New Jersey small business owners are doing what they do best – adapting and overcoming obstacles to grow and achieve their goals.