According to the SBE Council’s Small Business Checkup Survey (Q4-2023), many small business owners have faith in their business but heavy concerns about the economy. The top 5 concerns: inflation (53%), economic uncertainty (35%), recession/slowdown (30%), rising interest rates (21%) and (TIED) gasoline prices and energy costs (18%) and high taxes and expiring tax provisions favorable to small businesses (18%). The outlook for economic conditions in the next six months is mixed, with 27% expecting improvement and 37% anticipating worsening conditions. 32% predict conditions will remain the same. #IdeaoftheDay
Barbara Weltman
Big Ideas for Small Business, Inc.
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It's important to take care of ourselves and take steps to nourish ourselves--body, mind and soul. We may have to do this in different and creative ways now that many of us are staying at home. It's still important that we take time for ourselves. #selfcare #Health