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Metro New York Entrepreneurs Feel Jolt of Optimism (Bank of America Corporation)

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(Source: Bank of America Corporation) Small business owners in metro New York are bullish about the year ahead, 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 metro New York and around the country. Seventy percent of metro New York small business owners expect their revenue to increase in the next 12 months, a 10 percentage point increase from a year ago. In addition, 61 percent plan to hire more employees, a 13 percentage point increase from last year. This expected growth calls for more capital, which may explain why one-third (33 percent) of metro New York...

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