YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Survey: Many small-business owners aren't prepping for recession

Posted online

A new survey of 1,000 U.S. small-business owners found many aren't preparing for a recession.

In the survey, 44% of respondents said they have not taken any steps to prepare for a possible recession. However, 80% of those surveyed believe a recession could be on its way.

On the survey, 21% of respondents said they have scaled back on large investments. Also at 21%, respondents said they have added new products or services in order to diversify their offerings.

The survey was conducted by BlueVine in partnership with Researchscape.

Read more from Fox Business.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: The Quilted Cow

A franchise store of a Branson West-based quilting business made its Queen City debut; Grateful Vase launched in Lebanon; and Branson entertainment venue The Social Birdy had its grand opening.

Most Read
SBJ.net Poll
Update cookies preferences