Great news coming out of a Citibank small business survey. The bank asked 188 small businesses in the Miami area and found that 55% of small businesses were optimistic that 2011 would be better for their business than 2010. 30% believed that this year would be the same as last, while a few small businesses believed that 2011 would be worse (15%).

This is great news because if small business feels comfortable with the economic outlook, then they will take additional risks, increase inventory and (hopefully) hire more employees. This, in turn, will be what turns our economy around, particularly in South Florida, which has been hit harder than most cities during this economic collapse.

Small businesses were primarily concerned with the cost of raw materials and high taxes. Hopefully the government is paying attention to the small business person’s concerns, and be willing to work with them to lower taxes.

Read the full article here.

 

Antonio

About Antonio

Antonio Regojo has been practicing law in Miami, Florida since 2007, focusing primarily on small business law and international business transactions. Prior to founding Regojo Law, Mr. Regojo practiced at a boutique international law firm working with Latin American multinationals seeking to enter the US market, as well as with US based companies. Mr. Regojo graduated from Florida International University School of Law in 2007 cum laude, with a focus on corporate and transactional law. While attending FIU School of Law, Mr. Regojo was a member of the FIU Law Review and a founding member of the Spessard L. Holland Chapter of Phi Alpha Delta Law Fraternity. Mr. Regojo also clerked for the U.S. Attorney’s Office- Economic Crimes Division. | Read Full Bio