(Source: Bank of America Corporation) While Los Angeles small business owners are concerned about minimum wage hikes, they are very optimistic about revenue growth and many have plans to hire in 2016, according to the fall 2015 Bank of America Small Business Owner Report, a semi-annual study exploring the concerns, aspirations and perspectives of small business owners in Los Angeles and around the country. Following a minimum wage vote that passed in Los Angeles this summer, area small business owners are expressing greater concern over its impact: 40 percent expressed concern over minimum wage increases, compared to 35 percent of small business owners nationwide. Los Angeles small business...
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