The leaders last year were East Bay companies. And they've had the best results, which reinforces our analysis that everything starts with the optimism of the entrepreneur.

Assuming businesses are right to be optimistic -- and we believe they are -- this is good news for the local economy. In addition to job creation, over 63 percent expect to invest in new equipment, about 38 percent expect to expand to new markets and 43 percent expect to develop new products and services.

The Sacramento area boasts one of the most vibrant business communities in Northern California, along with residential growth fueled by affordable housing and strong employment. We see it as a natural opportunity for growth. Expansion within Sacramento and neighboring counties is a top priority for us in the next few years.

What's striking is the near unanimity of many of the opinions and attitudes expressed by these businesses.

Small businesses are extraordinarily independent in their thinking, and they often believe they can go it alone. There is real danger that by refusing to borrow, businesses will forgo growth and profit.