Some MBAs Say Future Looks Good

By the My MBA Career Content Team � Find Top MBA Degree Programs

An online community created for MBAs, entrepreneurs and small businessmen, and women recently released the results of a nationwide survey that suggested the economy could improve.

PartnerUp is a large online community owned by the Deluxe Corporation that announced the findings of its Fall 2009 Small Business Outlook on September 15. The quarterly survey, which polled 800 small and medium-sized business owners, indicated that 37 percent of its respondents believe the economy will improve.

"Small businesses are a critical component of our nation's economy, contributing to the creation of 70 percent of the economy's new jobs," said CEO of PartnerUp Steve Nielsen. "These findings indicate that small business conditions are beginning to stabilize, but that small business owners still face significant challenges before the economy fully recovers."

The survey also showed that small businessmen and women are doing what they can to compensate for the negative effects of the recession. Ten percent of respondents said they were planning for layoffs and 25 percent said some business travel expenses will be cut.

Economies are cyclical by nature and it is only a matter of time before the economic climate in the U.S. improves. There is no better time to pursue an MBA degree than during a recession, as an MBA program is a constructive use of your time. By the time you graduate, the economy could be back to normal and you'll be very employable.

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