Small business owners’ optimism has taken a deep dive in the first quarter as companies’ revenue fell along with owners’ expectations for their future sales.
As labor and other costs rise at small businesses, owners need to look across their companies for ways to protect their profits.
General contractors and other small businesses in the home remodeling industry can expect revenue to slow in 2019, the result of rising mortgage rates and sluggish home sales.
As demand for small businesses increases, so do their selling prices, a sign that owners are reaping the rewards of keeping companies lean and healthy since the recession.
Although small business owners are upbeat about the economy’s prospects, they aren’t as optimistic about their own revenue.
As small business owners in Hawaii and California start cleaning up after Hurricane Lane and wildfires, they’ll find there’s no one formula for recovery.
BRUSHING OFF CONCERNS Rising interest rates and prices for oil, gas and other commodities are a growing concern for small business owners even as they feel more confident about the economy.
Higher energy prices and borrowing costs make it more expensive than last year for Bill Savickas to operate his wholesale produce business — especially since it’s hard to pass the increases on to his customers.
They are business survivors — owners whose small companies withstood the Great Recession that forced thousands of others out of business.
Small businesses with customers or suppliers along the Gulf Coast and in Florida are feeling the financial impact from Hurricanes Harvey and Irma.