67% of Small Business Owners Foresee Revenue Increasing Over ...

A Bank of America report reveals that 67% of small business owners in the US expect their revenue to increase in the next year, despite inflation and high operating costs. The study surveyed over 1,000 business owners and highlighted concerns and outlooks of women, Black, Hispanic-Latino, and Asian American and Pacific Islander entrepreneurs. The primary concerns identified include inflation, the US political environment, interest rates, commodities prices, and the possibility of a recession. However, supply chain and labor issues appear to be easing. Women and minority business owners face challenges accessing capital.

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Frequently Asked Questions - Small Business Owners and Revenue Increase

Q1: Will the revenue of small business owners increase?

A: According to a survey conducted by Bank of America, 67% of small business owners anticipate an increase in revenue. (Source: Bank of America Newsroom)

Q2: What survey results reveal the revenue expectations of small business owners?

A: Bank of America conducted a survey that shows 67% of small business owners foresee an increase in revenue. (Source: Bank of America Newsroom)

Q3: Where can I find more information about this survey?

A: Additional information about the survey can be found in the Bank of America Newsroom or by visiting their official website.