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Friday, April 04, 2008

Fundamental Opportunities During Uncertain Times

Small businesses are poised to weather the current economic downturn and plan to grow despite it, according to Intuit Inc.'s recent "Get Back to Business" survey results.

In a considerable showing of solidarity:

  • 90 percent of U.S. small businessowners reported seeing opportunities for their businesses in the current recession
  • More than 75 percent still expect growth
  • To make this growth a reality, small business owners say they'll rely on their experience and passion.
  • 70 percent of small business owners said their personal passion drove them to start their own company, and that the same passion will help them get through a downturn
  • Undaunted by the economy, 86 percent of respondents said they remain as passionate as the day they started

BOTTOMLINE: Focus, persistence, passion - all foundational qualities of smart, forward-looking business leaders.

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