Small Businesses are Bootstrapping Their Way to Success

I found a great article by Denise O’Berry on the American Express OPEN Forum; Small Business Owners Taking Control to Survive The Recession. It has some great stats about small businesses and gives a fantastic book recommendation; The Recession-Proof Business: Lessons from the Greatest Recession Success Stories of All Time.

Here is an excerpt of some of the stats presented in the article:

Many small business owners see hope on the horizon.

• 88% see opportunities for their business despite the current economic environment.
• 61% expect their businesses to grow over the next 12 months.
• 57% believe that now is a good time to invest in their small business. Smaller businesses and newer businesses tend to see the most opportunity right now.

Read the full post here:  http://blogs.openforum.com/2009/07/07/small-business-owners-taking-control-to-survive-the-recession/