Most small and mid-sized business owners expect revenue increases in 2024, according to the 2024
Key data points among mid-sized businesses include:
- 87% expect revenue to increase in next 12 months.
- 69% plan to hire more employees in the next 12 months.
- 84% said revenues were up in 2023 compared to 2022.
When looking at small businesses, 65% expect a revenue increase and 55% reported higher revenues in 2023 compared to 2022.
Top concerns among businesses included the political environment at 68%, inflation at 67% and consumer spending and supply chain issues at 66%.
"Small business owners remain cautiously optimistic in 2024,"
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