Survey: Small business remains bullish about prospects

Sam Wood

05/01/2023

A SURVEY of more than 1,400 business owners nationwide found that 65% anticipate revenue growth in the next 12 months, reports Bank of America Corp.

PROVIDENCE – The majority of U.S. small-business owners, 72%, are concerned about the impact of a potential recession, however 76% are confident their business could withstand the downturn, according to the Bank of America Corp. 2023 Small Business Owner Report released April 27. Bank of America surveyed more than 1,400 business owners nationwide. The bank found…

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