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Most business owners plan to invest in their companies

on March 18, 2014

National Coalition for Self Employed Blog

Businesses, large and small, are expressing confidence in their prospects for the future. Businesses, large and small, are expressing confidence in their prospects for the future.

Life insurance and financial service professionals who cater to small and mid-size businesses should be cheered by a new survey, which concludes that investing by business owners is on the rise.

A new BMO Harris Bank study finds that the majority of business owners/executives plan on investing in their business in 2014, with upgrading/purchasing new equipment being their primary planned expenditure. Conducted by Pollara, the survey polled 601 American business owners in November.

“Businesses, large and small, are expressing confidence in their prospects for the future,” says Dave Casper, executive vice president and head, commercial banking, BMO Harris Bank. “They’re displaying their confidence in a variety of ways — from technological and equipment purchases, to investments in their most valuable asset, their people.”

When…

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