WRAL TechWire: Quarterly Outlook of Triangle Entrepreneurs shows increased sales, hiring expected

WRAL TechWire recently reported on the Quarterly Outlook of Triangle Entrepreneurs (QuOTE) survey for Q2 2018. This survey was conducted through a partnership between the City of Raleigh and NC State’s Entrepreneurship Clinic in the Poole College of Management. Lewis Sheats, associate professor of practice, assistant vice provost for entrepreneurship, and executive director, NC State Entrepreneurship Clinic gave his insight into the findings.

Triangle entrepreneurs show a continued and slightly higher level of optimism in the second quarter, anticipating sales and hiring increases, according to Quarterly Outlook of Triangle Entrepreneurs (QuOTE) survey for Q2 2018, conducted by the City of Raleigh and the NC State Entrepreneurship Clinic.

Among the entrepreneurs participating in this survey, a greater percentage – 91.8 percent (vs. 91.1 percent in Q1 2018) – report that they anticipate the next six months may bring increases in sales. In terms of capital spending, a slightly lower percentage – 60.6 percent (vs. 63.3 percent) – anticipate increases, while for employment a greater percentage – 73.8 percent (vs. 69.3 percent) anticipate increases. Read the full article at WRAL TechWire