Inflation Burnout Among Biggest Challenges Small Business Owners Face Survey
The survey was conducted from March 25 to March 30, 2022 among 1,200 small business owners and 300 auto dealership owners. Small businesses are defined as businesses with total annual revenues of less than $20 million. According to Capital One’s survey, 71% of small business owners indicated that inflation has had a negative impact on their business, and 77% are worried about lasting impacts. These impacts come in the form of lower sales and greater cost of goods....