WASHINGTON, Oct. 21, 2014 /PRNewswire-USNewswire/ -- SCORE, – www.score.org - mentors to America's small businesses, has gathered statistics concerning the state of small business in the U.S. including changes in owner sentiment, growth in women-owned businesses, loan approval rates and SCORE's impact.
Optimism on the Rise
According to data presented visually in the infographic, small business optimism has increased substantially since Q2 2013. This is reflected in the following survey results:
- 37% say business prospects are excellent
- 45% say business prospects are good
- 57% plan geographical expansion during the next year
More than half of respondents plan to increase marketing and social media efforts. A quarter of respondents plan to hire and will hire mostly full time employees.