Statistically speaking: Entrepreneurs are confident in business profitability

From staff reportsMay 13, 2013 

The recent New Business Founders’ Outlook on the Economy and Hiring from Kauffman and LegalZoom found that in 2013’s first quarter, 84 percent of entrepreneurs were confident that their businesses would be more profitable in the next 12 months. Here are other findings:

96% of 18-30-year-olds are confident that their businesses will realize greater profitability in the next 12 months.

44% of entrepreneurs expect consumer demand to increase moderately to significantly over the next 12 months.

34% of entrepreneurs are confident that the economy will improve over the next 12 months.

Source: Kauffman.org

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