The PNC Economic Outlook Survey was conducted between July 29 and August 25, 2010 by telephone within the U.S. among 1200 business owners or senior executives of small and medium-sized businesses with annual revenues of $100,000 to $250 million.

Some of the results were printed in Nov/Dec 10 edition of The Secured Lender magazine. The A/R funding specialists at PRN Funding, LLC wanted to share some of the survey’s interesting findings:

• 75% of small business owners foresee greater access to financing in 2011, though they do not anticipate applying for it.
• 42% expect their sales to increase in 2011
• 31% expect profits to rise in 2011
• One-third of small business owners say weak sales/demand for service is the most important challenge facing their company today. Followed by a general concern for “changes in government policy that affect my business.”

Check out page 15 of The Secured Lender to read the rest of the survey’s results.