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Small Businesses Expecting Huge Holiday Season

o SUMMER HEATS UP o SMB CONFIDENCE = For a Strong Holiday Season KABBAGE'S CONFIDENCE INDEX SHOWS SMBS ANTICIPATING A STRONG FINISH TO 2013 41% 8 out of 10 small 39% businesses 4% expect this holiday season to be stronger than 2012's 16% stronger about the same 44% holiday season That's good news because the majority of small businesses sell the most during the holidays. 38% consistent throughout year 365 8% 5% 5% back to school For 7 out of 10 small businesses, 2013 is already outperforming last year. 39% 37% up 5-20% 12% 11% Flat down 5-20% 1% down more than 20% Almost two thirds of small businesses plan to seek more financing in 2013 than in 2012, anticipating a strong holiday season. 65% expect to take more advances 16% other 21% 20% same 14% more optimistic about the economy less Where will the funding go? 64% expect stronger sales this holiday season DATA IS BASED ON A JULY 2013 SURVEY OF Kabbage MORE THAN 200 KABBAGE CUSTOMERS. For more information, please visit www.kabbage.com.

Small Businesses Expecting Huge Holiday Season

shared by KabbageJosh on Aug 16
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Kabbage works with small businesses every day to help our customers grow. These close relationships give us great insights into how the small business sector is doing and how companies are succeeding....

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Economy
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