Businesses see sunny future


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  • | 10:00 a.m. March 20, 2015
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The economy is growing so much that 84% of high-revenue business owners and executives say they plan to expand, according to new survey.

SunTrust Banks conducted the survey, which asked the leaders of companies with $10 million to $150 million in annual revenue their thoughts on the immediate future. The expansion, for many respondents, would come through the introduction of new products and services. Others expect to make major capital investments or target new customer and business sectors.

More than half the respondents, 59%, say they will grow organically, while a quarter say they will explore an acquisition or merger, or even consider private equity funding.

 

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