CHERRY HILL, N.J., Nov. 20, 2013 /PRNewswire/ -- TD Bank, America's Most Convenient Bank ®, has announced the results of its inaugural Small Business Pulse Check, a regionally focused survey which includes questions on the challenges and opportunities facing small businesses in the Greater Philadelphia Area. TD asked small business owners about their business goals for 2013 and 2014, hiring, expected impact of the Affordable Care Act, and the influence of the economy on their business. The new Small Business Pulse Check polled more than 250 small business owners with revenue of $5 million or less in seven South Jersey counties ( Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester and Salem), five Pennsylvania counties ( Bucks, Chester, Delaware, Philadelphia and Montgomery) and of the state of Delaware. Results show that 48 percent of local small business owners expect to see revenue growth in 2014, but hiring optimism is lagging with 70 percent of those surveyed planning to maintain staffing levels next year. "The TD Bank Small Business Pulse Check echoes what we hear every day from our customers in the tri-state area," said Mike Carbone, Regional President for TD Bank's Metro Philadelphia market. "Many small business owners enjoyed a successful 2013, but still are exercising caution in the face of economic and legislative evolutions. TD's local teams are in constant communication with small business owners to provide them with the financial support and guidance they need to strengthen and grow their businesses." Affordable Care ActSix in 10 small business owners surveyed do not believe the Affordable Care Act (ACA) will impact their business. Of the one-quarter who anticipate a negative impact from the legislation, the majority are concerned about rising costs and impacts to financial bottom lines. However, only four percent of respondents indicated that the health care reform would limit or prevent hiring. Fourteen percent of area business owners anticipate a positive impact from health care reform with additional coverage options and the ability to get insurance or offer insurance to employees being singled out as benefits of the ACA.