If you’re like most small business owners I’ve talked to, you’re feeling the pressure right now. Inflation has been eating away at profits for over two years and doesn’t seem to be going anywhere. I recently read an article in Entrepreneur by Sherin Shibu, highlighting a U.S. Chamber of Commerce survey showing that inflation is still the top concern for small businesses. And with a presidential election around the corner, 59% of owners think the economy and inflation should be the next administration’s top priorities.
But here’s the thing: while inflation and rising costs have made things tough, there’s also a strong sense of optimism among business owners like you. According to the Q3 2024 MetLife/U.S. Chamber of Commerce Small Business Index, optimism is at a four-year high. It’s clear that we entrepreneurs are ready to fight back, adapt, and find ways to thrive no matter what challenges come our way.
Inflation is Real, but So is Opportunity