Thursday, July 16, 2009

Small Businesses Slowly Recovering?

I found this interesting news from Reuters.com regarding how the small businesses look upon the slow recovery of the economy and how they are less optimistic about the future. Here's the excerpt of the report:
Small U.S. businesses became slightly less optimistic in June out of concern future sales will be soft, a survey released on Tuesday showed.

The National Federation of Independent Business said its monthly index of small business optimism slipped one point to a reading of 87.9 last month. It had gained 7.9 points since March, indicating a view the economy was stabilizing

"The economy is bouncing along the bottom and reorganizing itself to restart the growth process," said William Dunkelberg, chief economist for the NFIB.

- Read the rest of the report here.
This situation should be coped by the businesses today and employee's productivity should be maximized. Read the report of Aberdeen Group here regarding the relation of Travel and Entertainment Expense Automation and control which might facilitate to greater productivity of the employees and adaptation of the businesses to the economic problem of the country.

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