Small business owners: 71% actively planning or taking steps to prepare for a recession

Posted under: SMB
Date: 2024-12-20
Small Business Owners Enter 2024 Optimistic Despite Economic Worries  Justo Global

The Small Business Check Up Survey Q4 2024 released by the SBE Council reveals how small businesses fared in 2023, which was mixed according to profitability readings for the year. Half (50%) of small business owners say their firms will turn a profit for the year; 71% hold a bleak view about future economic conditions. Their top concerns have remained consistent over the past three quarterly check-up surveys, with inflation topping the list

Read more at: sbecouncil.org