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An ominous sign: Cash flow slows


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  • | 9:59 a.m. May 4, 2012
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A chunk of negative data sticks out amid the more positive news in the latest American Express Small Business Monitor report.

To be sure, 66% of the Florida small business owners who responded to the survey say they have a positive outlook on the economy. That's 10% better than the positive outlook national average of 56%, reports the survey.

Moreover, 77% of Florida respondents plan to grow their business in the next six months. That also bested the national average, which was 71%. The semi-annual survey focuses on businesses with less than 100 employees.

But what sticks out to Coffee Talk is the amount of Florida-based small business owners who project cash flow issues in the next six months. That counts for 71% of survey respondents, up from 59% who answered that way in the fall survey. At 71%, the figure is also higher than the national respondents, at 58%, and the Southern U.S.-based respondents, at 55%.

Coffee Talk realizes most entrepreneurs couldn't realistically expect cash flow to turn into a spigot, given the lackluster economy. But when more than seven out of 10 expect to have cash flow problems, that can surely cause some consternation.

 

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