Survey Of Family Businesses: 45% Expect To Add Workers In 2013
SOUTH FLORIDA (CBSMiami) – If you work for a family-owned business, consider yourself fortunate: 2013 doesn’t look to be kind to the jobless looking for work at such companies, according to a new survey.
The 2013 Family Enterprise USA survey, cited in the South Florida Business Journal, indicates family-owned businesses are still optimistic about revenue growth in 2013, but cautions that economic uncertainty and public policy concerns are hindering hiring.
Responses from 230 family firm executives found 70 report revenue growth within the last 12 months, up from 50 in the year-ago survey.
The good news: 54 percent of respondents indicate that they grew their workforce in the last 12 months in response to the increase in business.
The bad news: While 75 percent of respondents anticipate revenue will grow in the next 12 months, only 45 percent believe they will add workers. In other words, to maintain current profit levels they feel they have to maintain current staffing levels.
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