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Small Businesses: Difference between revisions
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=== Q1 2023 === | === Q1 2023 === | ||
“This quarter, small businesses’ concerns over inflation are soaring and their view of the broader economy is darkening, though they still report that their own businesses are in good health,” said Tom Sullivan, Vice President of Small Business Policy at the U.S. Chamber of Commerce. “Small business owners are pulling back a bit on spending as they see storm clouds in the economy appearing ahead.”<ref>https://www.uschamber.com/sbindex/uploads/q1-2023-sbi-press-release_final.pdf</ref> | |||
Top challenges: | |||
* Inflation costs – 54% | |||
* Revenue – 22% | |||
* Supply chain issues – 21% | |||
* Interest rates rising – 16% | |||
* Employee retention – 11% | |||
* Affording healthcare/benefits – 10% | |||
== Small Business Credit Survey == | == Small Business Credit Survey == | ||