Seventy-five percent of small businesses plan to add new positions, regardless of the economy, a slight jump from 2010's 72 percent, according to the Ink from Chase survey of CEOs of fastest growing U.S. small businesses.
Of those surveyed, 67 percent expect to expand into new U.S. markets as a primary component to growth strategy, and another 59 percent are anticipating more revenue from existing customers.
During the fiscal year 2011, 33 percent of respondents believe their businesses will exceed revenue goals as well as profit goals, and 30 percent believe those goals will be reached.
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Regarding how they think their businesses will be doing in three to six months, 51 percent say "slightly better," 23 percent say "much better" and 21 percent say "about the same."
"We are inspired by the optimism shown by small business owners and their plans to grow, upgrade talent and hire, despite the current economic environment," says Richard Quigley, president of Ink from Chase. "Ink from Chase will continue to focus on the fundamental financial needs of small business owners and providing them with the solutions they need to succeed."
Inc. magazine President Bob LaPointe says, "Small- to mid-sized growth companies continue to demonstrate remarkable resilience in spite of economic uncertainty. Their rock solid track record of growth underscores the importance these businesses have on net new job generation and contribution to our economy."
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