Small Business Owners: Don’t Worry, Be Happy


It’s not surprising that small business owners felt uneasy about their businesses over the summer, given the state of our economy. It’s anyone’s guess as to when the economy is going to work its way back to normal, but what’s encouraging is a recent poll that shows the same people who felt skeptical are now feeling optimistic. Many small business owners plan to increase spending (be it by corporate prepaid cards or other traditional means) while others, who had initially made cuts, are planning to trim a bit less.

Regardless of why the consensus is this way (some say it is because of the prospect of change in Congress after the mid-term elections), one thing is for sure — small business owners are looking to forget about the past and start focusing on the future. Sure, the numbers for this change in attitude aren’t overwhelming, but they are enough to show that small business owners are beginning to change their mindsets. If the results of the mid-term election do play a large factor, we could see this optimism increasing in the coming months, or perhaps see it fall to what it was only a few months ago.

Toffer Grant is PEX's Founder and CEO. He founded PEX in 2006 as a prepaid card solution for small businesses. His background in the prepaid industry began at Clarity Payment Solutions, where he initiated 65 prepaid card programs in consumer, corporate, and emerging verticals of the prepaid card industry. 


How to Combat Mail and Check Fraud with PEX Virtual Vendor Cards

A young man is at the bank counter, talking to his advisor. He's brought necessary files and he's listening to her explanations of lease requirements. They're smiling at each other.

How A Revolutionary, New Line of Credit Helps You Grow Your Business

Busines using a computer select the icon security on the virtual display to Data protection Cyber Security Privacy Business Internet, and Networking Technology concept.

The First Line of Defense Against Fraud Is You

Stay up to date on the latest PEX news!

Opinions, advice, services, or other information or content expressed or contributed here by customers, users, or others, are those of the respective author(s) or contributor(s) and do not necessarily state or reflect those of The Bancorp Bank, N.A. (“Bank”). Bank is not responsible for the accuracy of any content provided by author(s) or contributor(s).