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Year-end SBA report indicates bleak 2009, but hopeful future (access required)

By Sam Boykin CHARLOTTE — First the bad news: The number of small businesses citing decreases in revenue over the past 12 months rose to its highest point since 1993, according to a survey by the Washington-D.C. based National Small Business Association. Moreover, 39 percent of small businesses reported they are unable to get adequate financing. These are just two of the discouraging findings in the NSBA’s 2009 Year-End Economic Report, released in January. The survey was conducted during the last two weeks in December 2009 among 450 small business owners from across the country in every industry. And what’s the good news? At least 2009 is finally over.

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