According to the OPEN Small Business Network 2004 Semi-Annual Monitor from American Express, new hiring is driven largely by growth opportunities that more small businesses said they anticipate. Despite an improved outlook, more small businesses also reported having cash flow concerns compared to a year ago.
Nearly half (46%) of small businesses report plans to hire more staff over the next six months, up from 35% reported a year ago. The top reason given by companies planning to add staff was to handle growing business (81%).
