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Statistically speaking: Entrepreneurs are confident in business profitability

The recent New Business Founders’ Outlook on the Economy and Hiring from Kauffman and LegalZoom found that in 2013’s first quarter, 84 percent of entrepreneurs were confident that their businesses would be more profitable in the next 12 months. Here are other findings:

96 percent of 18-30-year-olds are confident that their businesses will realize greater profitability in the next 12 months.

44 percent of entrepreneurs expect consumer demand to increase moderately to significantly over the next 12 months.

34 percent of entrepreneurs are confident that the economy will improve over the next 12 months.

Source: Kauffman.org

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