Entrepreneurial business owners anticipate more growth opportunities
in the next six months, according to an American Express poll. But
they also have concerns about their ability to handle any
expansion.
In its semi-annual survey, 56% of respondents indicated there would
be possibilities to expand their businesses. And 41% said they had
plans to increase investments, add new products or services, or move
into alternative markets.
At the same time there was an increasing concern about managing
cash-flow with 62% citing it as a priority. Of those with cash-flow
concerns, 35% said getting customers to pay their bills topped the
list, while concerns about the ability to pay their own bills were
cited by 26%. When it came to a cash-flow crunch, 30% of the owners
with such worries said they would delay planned purchases.
Editor�s note:
Concerns about one�s business are ongoing and ever-changing. But an
effective action, which will solve some of the day-to-day concerns,
is spending the time to focus on your barter efforts. The added
purchases on trade will automatically increase cash-flow, enabling
your company to continue moving forward.