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Business Observer Friday, Oct. 3, 2014 5 years ago

Optimism percolates across Florida

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Florida entrepreneurs are feeling frisky.

Florida entrepreneurs are feeling frisky.

The good vibes, according to the Florida Chamber of Commerce Small Business Index Survey, spread wide: Small business owners report sales growth, an increase in optimism and a newfound eagerness to hire more employees, the survey shows. Results of the survey, which the chamber conducted with the Florida Small Business Development Center, were released Sept. 30 at the Future of Florida Forum in Orlando. “This survey shows Florida's small business (owners) are ready to grow, expect to hire and remain optimistic about their chances for success,” Florida Chamber Foundation Executive Vice
President Tony Carvajal says in a statement.

Findings from the survey, conducted electronically from Aug. 20 through Sept. 12, include:

Nearly four in 10 small businesses statewide, 37%, reported higher company sales in the 2014 third quarter compared to the third quarter of 2013. One in four business reported lower sales;

More than half the respondents, 56%, expect the economy to improve over the next three months in advance of the holiday shopping season. More than two-thirds, 71%, expect the economy to improve in the next 12 months.

Economic uncertainty, at 26%, and access to capital, at 22%, are the top two issues Florida small business owners face.

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