Small, Mid-Sized Business Owners Hit Record Levels of Optimism Despite Lower Profit Expectations, Inflation Concerns
1. 84% of business owners optimistic about their prospects, up from 78%. 2. Top concern is inflation, with 46% extremely worried for the next six months. 3. 51% anticipate supplier price increases, impacting overall business costs. 4. Only 13% plan to expand workforce, reflecting economic caution. 5. Cash reserves are expected to decline for 23% of owners, worsening liquidity.