Tuesday, December 31, 2013

Small-business owners expectations in 2014

Worries about the economy and how their businesses will fare are dampening small-business owners expectations in 2014, according to a Wells Fargo/Gallup Small Business Index released on Monday.

Of the 605 small-business owners interviewed, 28 percent say they are less optimistic about the future of their business going into 2014 than they were going into 2013. Twenty-three percent say they are more optimistic.

Twenty-five percent expect a worse operating environment for their business compared to 2013.

And the biggest challenge owners expect to face is the economy (12 percent), followed by healthcare/Obamacare and government (both 11 percent).

See the full survey here.