Tuesday, December 04, 2012

California Small Businesses Seek Guidance In Tough Economy [Infographic]

California's small business owners face unique challenges. A recent CB&T survey revealed most view the state's economy to be worsening. Now more than ever, small business owners rely on expert advice, guidance and access to the tools they need to navigate rough economic waters and to help them continue to grow and thrive.

Some of their biggest challenges? Access to capital, cash flow and government regulation. In fact, nearly 40 percent of small business owners surveyed said regulation and current business laws are their greatest challenges.

And while it's getting better, it's still difficult to receive capital from banks – especially big banks. Smaller banks found in communities tend to approve small business loans at a significantly higher rate. This infographic also gives a glimpse into the future of small business in California, showing which areas are poised for strongest growth. Which industry presents the best opportunity for success? Professional services and green technology.

Click on Image to Enlarge.
Via: Small Business Banking

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1 comments :

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