If youโre looking for proof that small and mid-sized businesses are still pushing forward, look no further than Bank of America‘s latest ๐๐ถ๐ด๐ช๐ฏ๐ฆ๐ด๐ด ๐๐ธ๐ฏ๐ฆ๐ณ ๐๐ฆ๐ฑ๐ฐ๐ณ๐ต.
Despite persistent concerns about inflation and labor, 74% of SMB owners expect revenue growth in the next year, and nearly 60% plan to expand their businesses.
The report also finds that:
๐ 43% intend to hire more staff
๐ And 91% expect to adopt more digital tools (including AI) over the next five years
Confidence levels are improving across local, national, and even global economies. And while thereโs still work to do on labor shortages and cost containment, the data points to resilience and a healthy appetite for innovation.
๐ก ๐๐ฟ๐ผ๐๐๐น๐ถ๐๐๐โ ๐ง๐ฎ๐ธ๐ฒ:
Our internal data tells a similar story. Weโre seeing above-average new business formation in sectors that require real planning, staffing, and infrastructureโlike Construction, Restaurants, Professional Services, Retail and Healthcare.
These arenโt pop-up shops. These are businesses with a game plan.
Theyโre building teams, securing financing, and preparing for ๐ญ๐ฐ๐ฏ๐จ-๐ต๐ฆ๐ณ๐ฎ ๐จ๐ณ๐ฐ๐ธ๐ต๐ฉ.
Thatโs why our ย ๐๐๐ง๐ ๐๐ฉ-๐๐๐๐๐ฎ ๐๐๐ฌ ๐ฝ๐ช๐จ๐๐ฃ๐๐จ๐จ ๐ฟ๐๐ฉ๐ is designed to flag indicators of forward-looking investment – so sales teams can spot the next big accounts early.
๐ค What signs are you seeing that point to momentum heading into 2026?
๐ฆ ๐๐ฉ๐ข๐ณ๐ ๐ฅ๐๐บ ๐๐๐ฆ๐๐ฅ๐ ๐ค๐ช๐๐ญ ๐ฃ๐ ๐ก๐ข๐๐ช๐๐จ ๐ข ๐ฃ๐๐ฆ๐๐ฌ ๐ฏ๐๐น๐ก ๐ค๐ฆ๐๐ฌ ๐ง๐๐ณ ๐โ๐ข๐๐ฌ๐ ๐จ๐๐ท๐๐ฏ๐, ๐ฃ๐ข๐ต ๐ธ๐’๐ญ๐ ๐๐ฆ ๐ฃ๐๐ค๐ ๐ค๐ช๐ก๐ฉ ๐ฎ๐๐ณ๐ ๐๐๐ต ๐๐ฆ๐ค๐ด ๐ฐ๐ ๐ท๐ฆ๐๐ฆ๐๐ฃ๐๐ณ 4๐ก๐ฉ!ย ย ๐ฆ
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