Small Business Snapshots
According to the Tennessee-based National Federation of Independent Business Research Foundation, the Small Business Optimism Index rose a mere 0.1 points in January. Small-business owners, the foundation report notes, are experiencing a lull in confidence and are not planning to hire or increase inventories.
However, while the lingering economic uncertainty could put a “lull” in anyone’s confidence, the Minnesota small-business owners and managers we spoke to are sounding pretty upbeat. They were eager to share their successes, silver linings, and satisfactions. Though the companies profiled here represent a range of industries, they were fairly unanimous in their optimism. We take it as a good sign.