Percentage of U.S. Small Business Owners Reporting Positive Business Conditions Nearly Doubles Since 2010

Christopher Alghini (Google Cloud Consultant) June 11, 2012

If you work for a small business or are a small business owner, I would appreciate your comments on this Citibank Survey.

Highlights:
43% say business conditions are positive (up from only 24% in Summer, 2010 )
53% say they have reinvented their business "to stay afloat or competitive"
69% say they used their own money to help their business survive
38% of owners say employees worked additional hours without pay
18% say employees voluntarily missed or delayed cashing paychecks.

“Small business owners risk everything to pursue their dreams and are willing to do what it takes to make it”

Percentage of U.S. Small Business Owners Reporting Positive Business Conditions Nearly Doubles Since 2010

Percentage of U.S. Small Business Owners Reporting Positive Business Conditions Nearly Doubles Since 2010

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