Every month, the Discover Small Business Watch compiles information gathered from telephone interviews and surveys with small-business owners and consumers of small-business products and services. This data helps gauge the levels of economic confidence and the status of business growth and spending according to small-business owners. Such information can help you make informed decisions that will help your business grow and withstand adverse economic conditions. Here are some highlights of August's results:
35 percent said recent changes in the housing market have had a significant impact on their business.
69 percent of small-business owners said they prefer to have their business remain small.
41 percent said they have experienced cash-flow issues in the last 90 days, an increase over last month’s 35 percent.
36 percent of small-business owners feel that economic conditions for their businesses are getting better, a significant decrease from 41 percent in July.
Visit Discover's business Web site to learn more about the August survey.
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