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Bank Survey: Small-business owners optimistic about their future - NGDATA

Written by Jenn Day | May 16, 2024 6:31:27 PM

Read the ABA Banking Journal survey here.

Here is a brief summary:

  • 90% of small-business owners are optimistic about their business prospects
  • 64% expect an increase in revenue and sales
  • 59% plan to expand their products and services
  • 94% have no plans to sell or close their businesses in the near future
  • Concerns about inflation and increasing costs persist
  • 64% anticipate needing additional credit or financing