Filed Under:Life Insurance, Life Planning Strategies

Small biz owners reaching goals edges down

Business owners are returning to cautious management strategies to execute short-term and long-term business plans.
Business owners are returning to cautious management strategies to execute short-term and long-term business plans.

New research indicates that most small business owners are meeting their performance benchmarks. The percentage who are, however, is down relative to the number reported in 2012 — a potential source of concerns for life insurance professionals catering to the small-business market.

Published by the HR outsourcing and business solutions firm Insperity, the report reveals that 68 percent of small businesses are either meeting or exceeding their 2013 performance plans, a proportion down from 72 percent in the last survey. Meanwhile, 32 percent report that they are doing worse than expected, up from 28 percent in July.

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Nichole Morford

Nichole Morford
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