Bank of America Small Business Owner Report Spring 2013

Bank of America Small Business Owner Report Bank of America's Small Business Owner Report is a semi-annual study exploring the concerns, aspirations and perspectives of small business owners across the country. The spring 2013 Report surveyed a national representative sample of 1,000 small business owners in the United States with annual revenue between $100,000 and $4,999,999 and employing between 2 and 99 employees. Small Business Owners (SBOS) feel healthier as a result of owning a small business 5.3% of SBOS rate their health better as a result of running their small business As the result of running their smallI business, 35% of SBOS said they actually exercise more 29% of SBOS eat more healthily 57% of SBOs feel that they manage the stre associated with owning a small business well Despite feeling healthier, small business owners cite achieving a work-life balance as their top source of stress 72% On average, /2% of SBOS work more than 40 hours a week In the past year, 54% of SBOS went to work while sick SBOS not only look after their health, but contribute to the health and happiness of their employees through innovative solutions Small business owners provide employees: 45% 33% 31% 31% Additional amenities, such as healthy snacks, free lunches, massages Flexible hours/work Health/wellness Discounted services from home options benefits and/or goods 24% 23% 13% 12% Team building On premise day care/allow children to Allow use of social Schedule time for media during work activities, such as volunteering and community service hours sports teams or excursions come in SBOS feel optimistic about the health of their business moving forward but cautious about the forecast for the national economy 87% of small business owners expect revenue to either increase or stay the same in the next year $ $ 86% of small business owners expect to hire more employees or retain the same number of employees in the next year When asked what are the leading concerns for the success of small businesses, SBOS said: 76% 75% 67% 59% Strength of the U.S. Recovery of consumer spending Consumer confidence Тахes dollar 59% 58% 56% 52% Commodities prices Effectiveness of Health care Credit availability government leaders benefits/costs Millennial SBOS are the most optimistic about what the future health of the economy and their business Age of SBO Under 35 35 - 50 51 - 64 70% 70% 55% 51% 54% 52% lin 46% 33% 24% SBOS who expect SBOS who expect to hire more employees over the next 12 months SBOS who report they are very comfortable managing the stress of running their business increased revenues For more information, visit Bank of America about.bankofamerica.com Bank of America Small Business Owner Report Bank of America's Small Business Owner Report is a semi-annual study exploring the concerns, aspirations and perspectives of small business owners across the country. The spring 2013 Report surveyed a national representative sample of 1,000 small business owners in the United States with annual revenue between $100,000 and $4,999,999 and employing between 2 and 99 employees. Small Business Owners (SBOS) feel healthier as a result of owning a small business 5.3% of SBOS rate their health better as a result of running their small business As the result of running their smallI business, 35% of SBOS said they actually exercise more 29% of SBOS eat more healthily 57% of SBOs feel that they manage the stre associated with owning a small business well Despite feeling healthier, small business owners cite achieving a work-life balance as their top source of stress 72% On average, /2% of SBOS work more than 40 hours a week In the past year, 54% of SBOS went to work while sick SBOS not only look after their health, but contribute to the health and happiness of their employees through innovative solutions Small business owners provide employees: 45% 33% 31% 31% Additional amenities, such as healthy snacks, free lunches, massages Flexible hours/work Health/wellness Discounted services from home options benefits and/or goods 24% 23% 13% 12% Team building On premise day care/allow children to Allow use of social Schedule time for media during work activities, such as volunteering and community service hours sports teams or excursions come in SBOS feel optimistic about the health of their business moving forward but cautious about the forecast for the national economy 87% of small business owners expect revenue to either increase or stay the same in the next year $ $ 86% of small business owners expect to hire more employees or retain the same number of employees in the next year When asked what are the leading concerns for the success of small businesses, SBOS said: 76% 75% 67% 59% Strength of the U.S. Recovery of consumer spending Consumer confidence Тахes dollar 59% 58% 56% 52% Commodities prices Effectiveness of Health care Credit availability government leaders benefits/costs Millennial SBOS are the most optimistic about what the future health of the economy and their business Age of SBO Under 35 35 - 50 51 - 64 70% 70% 55% 51% 54% 52% lin 46% 33% 24% SBOS who expect SBOS who expect to hire more employees over the next 12 months SBOS who report they are very comfortable managing the stress of running their business increased revenues For more information, visit Bank of America about.bankofamerica.com