This Week
  • Developer plans a $15 million project to renovate a historic site in Clifton Springs.

  • The economy and demographics have Sheridan Bros. Moving on the move.

  • Technology and other factors have brought big changes to commercial building.

  • From Morocco, Joseph Squalli traveled far to become Rooney's Restaurant owner.

  • RocMusic director Alexander Pena rallies young music makers.

  • Challenges mount for area companies that do business in Russia.

Survey: Optimism is up among small businesses

Rochester Business Journal
January 3, 2014

Optimism is up among small businesses compared with last year, a survey tracking hiring and paycheck data found.

The results came through the SurePayroll Small Business Scorecard, which tracks data for tens of thousands of micro businesses with one to 10 employees. SurePayroll is a provider of online payroll services and a wholly owned subsidiary of Paychex Inc.

The results of the December 2013 SurePayroll Small Business Scorecard found 70 percent of small-business owners feel optimistic about the future, up from 55 percent in December 2012.

"We saw a year of recovery in 2013. Seeing that optimism is higher going into 2014 gives us reason to believe small-business owners are confident about the future, which typically results in increased hiring and growth," said Michael Atler, SurePayroll president and CEO. "Another sign of a stronger 2014 is the fourth-quarter decline we've seen in 1099s."

The scorecard showed that the number of 1099s or independent contractors hired by small businesses slid in the fourth quarter.

"The slowdown in the use of independent contractors suggests small-business owners may look to invest more in full-time hires in the year ahead," Alter said. "More full-time hires means more stability and more dollars available to spend on Main Street, hopefully propelling our economy forward."

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google