Small business owners see glass as half-full, expect their companies to do well, survey says

NEW YORK, N.Y. – Many small business owners are saying they’re ready to hire.

That’s the finding of a survey released Thursday by Bank of America. Thirty-one per cent of the survey’s participants said they plan to hire during the next year. They include many owners who are optimistic about their business in the next 12 months. More than half said they want to hire workers to handle an increase in sales.

The greatest obstacles to success that owners see are health care costs, cited by 77 per cent, and the effectiveness of government leaders, cited by 76 per cent. The survey questioned 1,000 owners from mid-September to early October, including the start of the 16-day government shutdown.

Despite concerns about health care law, 56 per cent of owners said the law’s implementation wouldn’t affect their hiring plans