PORTSMOUTH, N.H. (February 12, 2013) - It appears that small businesses are focused on growth in 2013, based on a recent poll conducted by Direct Capital, a leading provider of equipment leasing, business loans, and working capital.
The survey, which recorded responses from nearly 700 small businesses across the country, asked business owners how they would make use of $40,000. Rather than opting to spend dollars on debt or tax payments, the majority of small business owners said they would stock up on inventory to aid their growth efforts.
Nearly 45% of respondents said they would purchase more inventory, followed by expand advertising (16%), pay taxes (11%) and remodel their location (10%).
Direct Capital's poll goes hand in hand with the latest SMB Wellness Index from Manta that reports that 78% of small business owners are confident about their company's growth for the year ahead. It appears small businesses aren't only stocking up on inventory, but new employees as well – as almost 40% reported that they will be taking on new hires in 2013.
"It's refreshing to see that small businesses are in a place where they are able to focus on their growth and buy inventory – rather than just keep their heads above water. I think this is a promising sign of what is to come for small businesses in 2013," said Stephen Lankler, Direct Capital's Senior Vice President of Marketing.
About Direct Capital
Established in 1993, Direct Capital provides financing for small- to mid-ticket equipment, franchise remodels and technology purchases, working capital, and business loans. The company is headquartered in Portsmouth, N.H. and operates offices in New York, California, and Georgia. You can follow Direct Capital on Twitter at http://twitter.com/DirectCapital or subscribe to its PointBlank blog at http://blog.directcapital.com/..