GLENVIEW, IL—(Marketwired – June 22, 2015) – One in three small business owners say less personal stress is the greatest advantage of an improving economy as we reach the midway point in the year, according to the June 2015 SurePayroll Small Business Scorecard.
35% said less stress was the biggest advantage of an improving economy
Nearly 20% named increased cash flow for reinvestment
17% said it was hiring more people
“Anyone who has run a business will tell you the stress can be overwhelming, particularly in difficult economic times,” said SurePayroll General Manager Andy Roe. “I think a lot of small business owners are breathing a little easier now that we're seeing more stability in the economy. It's a good feeling to be able to focus on hiring and growing the business, rather than cutting costs or cutting back on staff. It's healthy not only for the businesses, but for the individuals running the businesses.”
Other results from the SurePayroll Small Business Scorecard survey included the following:
51% are on pace to beat revenues from last year.
86% expect to be profitable in the second half of 2015.
The Scorecard features survey data with insights from small and microbusiness owners, primarily those with 1–10 employees. SurePayroll Inc. is a leader in providing online payroll to small businesses nationwide since 2000.
An infographic with the full results of the SurePayroll Scorecard survey is available on the SurePayroll blog.
Editor's Note: SurePayroll will no longer be releasing its hiring and wages data. Please refer to the Small Business Jobs Index from our parent company, Paychex, and research firm, IHS, for in–depth data on small business hiring at the national, regional and local levels.
About SurePayroll
SurePayroll is the trusted provider of easy online payroll services to small businesses nationwide. Whether a business has 1, 10, or 100 employees, SurePayroll delivers peace of mind by combining innovative, industry–leading technology and personalized support from an award–winning, U.S.–based customer care team. SurePayroll also provides private–label and co–branded services for accountants and banking partners as well as offering efficient online solutions for managing 401(k) plans, health insurance, workers' compensation, employee screening and more. SurePayroll is a wholly owned subsidiary of Paychex. For more information, please visit www.SurePayroll.com. Follow us on Twitter — Circle us on Google+ — Connect with us on LinkedIn — Like us on Facebook.
About Paychex
Paychex, Inc. (NASDAQ: PAYX) is a leading provider of payroll, human resource, insurance, and benefits outsourcing solutions for small– to medium–sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex®. Human resource services include 401(k) plan recordkeeping, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. A variety of business insurance products, including group health and workers' compensation, are made available through Paychex Insurance Agency, Inc. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 580,000 payroll clients as of May 31, 2014. For more information about Paychex and our products, visit www.paychex.com.