THE WEEKEND WALKABOUT

Growing Your Business In A Recession

Can you grow your business during a recession? Small businesses overwhelmingly plan on doing just that, according to a new survey.

Despite the stagnant economy, nine out of 10 small-business owners see opportunities for their own companies, according to a survey conducted for Intuit, maker of Quickbooks. More than three-fourths expect their business to grow in the coming year.

Surprised at this optimistic outlook? In previous recessions, many small businesses actually grow by taking advantage weakened competition and big company cutbacks.

So when the people at Quickbooks asked me what I’d like to know about the current state of small business (I was paid for my involvement), I wanted to see whether entrepreneurs shared my sense that even in a bad economy, there’s reason for hope.