By SurePayroll, Special for USDR
As many as 85% of small business owners are optimistic about the economy heading into the new year, according to the December SurePayroll Small Business Scorecard®.
The last time optimism about the economy was this high was in May of 2015, based on the SurePayroll Scorecard survey. The highest it’s been in the last year was just 78%.
Additionally, 66% of small business owners expect to be profitable in 2017, with a third looking to grow the size of their company as well.
How Will Small Businesses Reach Profitability?
More than anything, it’s up to them – 42% report that execution by themselves and their employees will be the key to success in 2017; 27% say a strong economy is key; and 17% say it will depend on changes in the law that are favorable to small businesses.
“This is as optimistic as small business owners have been in almost two years, yet they’re still realistic in knowing they have to be smart and efficient about running their businesses,” said SurePayroll General Manager Andy Roe. “From what they tell us, that means bringing in more skilled employees, as well as managing cash flow and keeping their balance sheets in good shape.”
Learn more about our Scorecard on the SurePayroll Blog.
SurePayroll is the trusted provider of easy online payroll services to small businesses nationwide. Whether a business has 1, 10, or 100 employees, SurePayroll delivers peace of mind by combining innovative, industry-leading technology and personalized support from an award-winning, U.S.-based customer care team. SurePayroll also provides private-label and co-branded services for accountants and banking partners as well as offering efficient online solutions for managing 401(k) plans, health insurance, workers’ compensation, employee screening and more. SurePayroll is a wholly owned subsidiary of Paychex. For more information, please visit www.SurePayroll.com. Follow us on Twitter – Circle us on Google+ – Connect with us on LinkedIn – Like us on Facebook.
Paychex, Inc. (NASDAQ: PAYX) is a leading provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Backed by 45 years of industry expertise, Paychex serves approximately 605,000 payroll clients across more than 100 locations and pays one out of every 12 American private sector employees. Learn more about Paychex by visiting www.paychex.com, and stay connected on Twitter and LinkedIn.