Small business owners say they’re more confident about the economy, but they’re still plagued by worries about paying their bills and slumping cash flow, new research from Discover Financial Services shows.
Their optimism is a bit of a head-scratcher, especially considering the slew of discouraging news the survey uncovers. Some highlights:
* nearly 70 percent of small biz owners say their take-home pay has taken a hit in recent months.
* more than half say they’ve held off on bill payment because of cash flow issues in the past 3 months.
* almost 60 percent rate the economy as “poor”, and half of them said it was getting worse.