09 Oct '12, 3pm

Making sure your #smallbusiness gets paid: #GrowSmartBusiness

Making sure your #smallbusiness gets paid: #GrowSmartBusiness

By Karen Axelton The nation’s small business owners are feeling increasingly optimistic, but are still struggling with cash flow concerns, according to the most recent Western Union Small Business Barometer . More than three-fourths (79 percent) of small business owners in the nationwide poll were optimistic that their annual revenue would either stay stable or increase in the next 12 months. That’s good news, but concerns about cash flow and sustaining revenues top the list of worries that plague small businesses. Here’s some of what the survey found: The smallest businesses are much more worried about their financial stability. Twenty-four percent of those with sales of $100K-$250K and 21 percent of those with sales under $100K cite “getting paid to ensure cash flow” as a top concern. When it comes to money, small business owners are exhibiting a cautious rather than gro...

Full article: http://www.networksolutions.com/smallbusiness/2012/10/wha...

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