Jobs data over the past several months is a sure sign that the economy is moving in the right direction. Yet, pockets of uncertainly still exist and questions linger about how businesses and their owners will respond. But, new insight is available.
Business owners are more optimistic now than at any point during the past three years, according to the Principal Financial Well-Being Index, and nearly half (46 percent) say they are reinvesting profits back into the business.
This level of optimism will likely translate into job growth, innovation and new technology among small businesses. Accordingly, hiring is on the rise, which makes retaining top talent a major focus for owners striving to stay ahead of the competition.
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