Business Owners: Share your successes, challenges, and financing experiences. Your answers will help policymakers better understand current business conditions.
Many minority-owned small businesses faced financial challenges and lagged in key performance indicators for profitability, revenue growth, and employee growth.
Small businesses need access to a variety of credit sources but face a host of challenges in getting the financing they need.
Despite being a key income source for their owners, nonemployer firms face acute profitability and financing challenges.
Small businesses reported stronger revenue and employment growth and continued levels of credit demand, with more firms applying to online lenders for financing.
Nonemployer firms make up 81% of all U.S. small businesses, generating $1.2 trillion in annual sales. But are they succeeding financially?