Bank of America Study: 78% of Small and Mid-Sized Businesses Expect Revenue Growth

Reported 2 months ago

According to a recent Bank of America study, 78% of small and mid-sized business owners expect revenue growth this year, with nearly 70% planning to expand their operations. While mid-sized businesses are more optimistic, citing better resources for growth compared to small businesses, inflation remains a significant concern for many, prompting them to consider price increases. Overall, the report indicates a positive outlook for business expansion, driven by technology and hiring intentions.

Source: YAHOO

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