National Federation of Independent Business (NFIB)’s Post

Small Business Trends covers #NFIB’s Small Business Problems & Priorities survey, quoting the NFIB Research Center Executive Director Holly Wade: “This survey helps the public understand the issues affecting the small business sector. Small businesses employ nearly half of the private sector workforce, and this publication makes clear where lawmakers should focus their attention to strengthen Main Street and every community in which they operate.” Read on: https://ow.ly/5Hpt50SZu8Y More from Problems & Priorities: https://ow.ly/rpQA50SZu93

Small Business Trends highlights #NFIB’s February Small Business Economic Trends survey: “According to the National Federation of Independent Business (NFIB), the Small Business Optimism Index revealed a continued decline, registering at 89.4 in February and marking its 26th consecutive month below the 50-year average of 98.” Learn more: https://lnkd.in/eXF3uHUB

The #NFIB Research Center's August Small Business Economic Trends survey found that #SmallBusinessOptimism fell by 2.5 points to 91.2 - erasing July's gain. Learn more from the survey: https://ow.ly/GLwO50TjSo3

Business Insider highlights #NFIB’s February Small Business Economic Trends survey in a recent article: “According to data from the National Federation of Independent Business, small businesses have an increasingly downbeat view of their plans to grow their number of employees.” Read more: https://lnkd.in/eFuyFt-r

In a recent article on the upcoming election, Inc. Magazine cites data from #NFIB's July Small Business Economic Trends survey: “For more than two years, business owners consistently cited high prices as their single most important problem when surveyed by the National Federation of Independent Business.” Read on: https://ow.ly/hqtO50T2hvY

Small business owners continue to face unprecedented challenges as operating costs continue to rise. According to a recent report by the NFIB, 60% of small business owners have reported higher operating costs in 2024, impacting their ability to invest in growth and innovation. In addition to rising rents, the prices for essential services has compounded the burden and forcing many small businesses to make difficult decisions about where to cut costs. Small Business Owners, YOU'RE NOT IN THIS FIGHT ALONE! Let's chat.

Velocity clients and Macomb County Business owners please take a moment to complete the MEDC Business Survey linked below! Your participation will help to inform funding decisions by the MEDC for Michigan businesses in the future!

Don't miss this Financial Literacy session on 10 Oct, 9 AM at CIU! Led by Mr. Alfred Brian Agaba, gain essential skills for smart financial decisions. #FinancialLiteracy #CIU #Lead #Innovate #Transform #MakingADifference

Here's what business owners need to know about the SBA's biggest changes over the past month: https://lnkd.in/gBHub7F5 - The Business Journals

#smallbusiness partners -- YOUR HELP IS NEEDED! The Michigan Economic Development Corporation Small Business team has enlisted the help of Economic Impact Catalyst to deploy a second-stage* small business survey to assess challenges and needs of businesses across the state. The purpose is to guide our strategic planning process for FY25 and beyond to make sure our tools are addressing the top challenges that businesses are facing today. *From a numbers perspective, they typically have 10-99 employees and generate $1 million to $50 million in annual revenue. The survey is open through the end of January. https://lnkd.in/euqvJN5N