75 Percent Of South Florida Entrepreneurs’ Group Plan To Add New Jobs

Businesses in South Florida are adding new full-time jobs, according to a survey by the Fort Lauderdale-based Entrepreneurs’ Organization.

In the survey, 75 percent of participating members said they planned to add new jobs over the next six months — a higher projection than the 63 percent who said they planned to hire additional workers about a year ago.

The entrepreneurs’ group also expressed optimism about increased business overall, with 85 percent of survey participants saying they expect higher revenues and profits over the next six months. Ninety percent said the current economic climate here is attractive to starting a new business.

Jerry Katz, president-elect of the organization’s South Florida chapter and owner of Premier Protection Insurance Services in Fort Lauderdale, credited the region’s economic expansion for the survey results.

“It’s a great time to be an entrepreneur in South Florida,” Katz said.

About 70 percent of the survey’s respondents reported higher revenue and profits over the past six months. A little over half hired additional full-time workers in that time period, according to the news release.

In South Florida, 100 business owner members responded to the survey, which was part of a larger Entrepreneurs’ Organization survey of 4,500 business owners worldwide.

The Broward-based chapter is one of the world’s largest, with about 190 members who run businesses that account for about 10,000 jobs and $2 billion in annual revenues in the tricounty region.

To see the full survey results, visit eonetwork.org and click on “Global Entrepreneur Indicator.”

 

Source: SunSentinel

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