AFP Business Outlook Survey released

The 2013 Business Outlook Survey, recently released by the Association for Financial Professionals, indicates entrepreneurs are cautiously optimistic in regard to the upcoming year.

While the survey revealed that many are concerned about the impending fiscal cliff, plenty of organizations are anticipating growth in 2013 if the crisis can be resolved. Forty-six percent of those surveyed expect business conditions to be better in the coming year, with many expecting the second half of the year will be especially strong.

Some financial professionals used words such as "cautious," "uncertain" and "challenging" to describe their view of the 2013 business outlook. However, among the top 25 most commonly cited words were "positive," "optimistic," "hopeful" and "improving." This may indicate that while the economy is still uncertain, many believe it to be heading in the right direction.

Plenty of enterprises reported they anticipate needing to bring on new employees in 2013. Forty-two percent of companies expect they will have to expand their payrolls domestically next year, and 41 percent of those with operations abroad plan to expand their global workforces. This may call for an increased demand for international banking services, as more organizations develop their presence in other countries.

Those expanding their firms within the U.S. may find they are in need of business financing in order to invest in equipment, hire new employees or advance company expansion plans. Entrepreneurs feeling confident about 2013 may believe the coming year is the right time to launch their businesses, making it probable that some will require startup funding to get their plans off the ground.

Company owners and new entrepreneurs seeking assistance in obtaining a loan or learning more about business banking - whether it be domestic or international - should consult experts at a small bank that can provide them with customized solutions that are as unique as their enterprises.

Content presented by Bridge Bank, offering flexible, customized solutions for entrepreneurs.

Getting Started

Find your ideal banker:

Select any filter and click on Apply to see results

Featured Insights

In 1999, Shawn Boyer was helping a friend search for internships and was shocked to find a lack of job boards or...

Small-business owners often have to scrimp and save in order to properly handle cash management issues. For many...

The Massachusetts Growth Capital Corporation in partnership with Governor Charlie Baker's administration...

Small businesses have yet to fully take advantage of the innovative ways that mobile technology can connect ...

A growing number of businesses have at least some, if not significant, association with overseas markets and, by...

Owned and operated by Adrienne Mattos and Stephen Moore, AquaTech Swim School focuses on creating the best...

Penguin Computing is an open data center and high performance computing company that delivers processing and data...

Most people don’t think about the tools used to assemble a child’s car-seat or an airplane wing. Yet those tools are...

Aurionpro is a world-class technology company that has successfully grown its business by focusing on the...

Perpetual Energy Systems develops and finances small- and utility-scale renewable energy projects for commercial,...

Recent News

04/24/15
With a great deal of volatility and choppy trading, the week’s activity has revealed...
04/20/15
Conference Call and Webcast Scheduled for Monday, April 20, 2015 at5:00 p.m. Eastern...
04/17/15
Our beloved World Champion San Francisco Giants played their home opener on Monday...
04/10/15
The Fed’s FOMC Minutes, released on Wednesday, were the focal point of the week as...
04/07/15
San Jose, CA – April 7, 2015 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
04/03/15
Well, we can’t blame the weather this time; March U.S. Non-Farm Payrolls came in...
03/27/15
While the US Federal Reserve did remove the word ‘patient’ from its statement last...
03/25/15
Top Performing Bank of 2014 Recognition Marks Bridge Bank’s Fourth Consecutive Year...
03/23/15
As expected, the US Federal Reserve, in their monthly policy meeting on March 18,...
03/09/15
PHOENIX, Arizona and SAN JOSE, California Western Alliance Bancorporation (NYSE:WAL...

Twitter

Featured Insights

Featured Insight

In 1999, Shawn Boyer was helping a friend search for internships and was shocked to find a lack of job boards or...

Featured Insight

A growing number of businesses have at least some, if not significant, association with overseas markets and, by...

Featured Insight

Owned and operated by Adrienne Mattos and Stephen Moore, AquaTech Swim School focuses on creating the best...

Recent News

Small-business owners often have to scrimp and save in order to properly handle cash management issues. For many...

The Massachusetts Growth Capital Corporation in partnership with Governor Charlie Baker's administration...

Small businesses have yet to fully take advantage of the innovative ways that mobile technology can connect ...

Twitter