News Column

Entrepreneurs Are Confident in Business Profitability, Statistically Speaking

May 14, 2013

The recent New Business Founders' Outlook on the Economy and Hiring from Kauffman and LegalZoom found that in 2013's first quarter, 84 percent of entrepreneurs were confident that their businesses would be more profitable in the next 12 months. Here are other findings:

•96% of 18-30-year-olds are confident that their businesses will realize greater profitability in the next 12 months.

•44% of entrepreneurs expect consumer demand to increase moderately to significantly over the next 12 months.

•34% of entrepreneurs are confident that the economy will improve over the next 12 months.

For more stories on small businesses and entrepreneurs, please see HispanicBusiness' Entrepreneur Channel

Source: (c) 2013 The News & Observer (Raleigh, N.C.) Distributed by MCT Information Services

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