The future looks bright for small business owners in 2014. After years of pulling the purse strings tightly, small business owners, start-ups, and entrepreneurs are feeling optimistic this year and planning to grow.
According to a forecast and infographic by Concur, here are a few small business trends from 2013, and where owners plan to invest the most in 2014.
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70% of small businesses expect to increase spending, compared with 60% of all businesses (large and small).
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70% of owners felt optimistic about the economy at the end of 2013, compared with 55% at the end of 2012.
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80% of small business owners expect to increase the number of products and offerings in 2014.
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80% of small business owners expect to hire in 2014.
Infographic - Small Business Spending in 2014
Disclaimer: This infographic was created by Concur. The views represented in these infographics do not necessarily reflect the views of Zane Benefits, its staff, or its affiliate partners.
Source: Concur
Like infographics? Check out these small business infographics:
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The History and Future of Small Business Health Insurance [Infographic]
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Small Business 2014 Economy and Hiring Outlook [Infographic]
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16 Ways to Inspire Small Business Leadership [3 Infographics]
What type of small business articles and trends would you like us to cover? Leave a question or comment below.