Economic confidence among entrepreneurs ticked up slightly in June according to a survey conducted by the Discover Small Business Watch. The index rose to 80.9, up from 78.1 in May according to a Daily Dose blog post at Entrepreneur.com.
According to the data, the increase is attributed to better cash flows…the number of business owners experiencing temporary cash flow problems dropped 8 points in June from near 50% to 42%.
Also increasing is the number of entrepreneurs who think economic conditions are improving – up 3 points from 23% in May to 26% in June.
Much of the news regarding the recession and entrepreneurship has centered on laid-off workers looking to form a business but the survey indicates another trend – many entrepreneurs would rather find a good paying job since it’s harder to get business and deal with regulations.
And on healthcare reform, a topic included in this month’s survey, 78% of respondents do not offer insurance. Nearly 50% of these employers opposed a government-run health care plan. Of the ones that do offer insurance, 62% oppose government mandated health insurance.
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