A new survey by the website housing company, Godaddy, discovered that entrepreneurs remain optimistic about the economy, despite the new tariff pressures.
According to the new report, half or Microusiness owners said they predict a “Waker economy in the next six months”, but 66% of respondents still have “positive income expectations.”
Only 9% of the 2,100 business owners surveyed forecast a decrease in sales.
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“The owners of small businesses believe in themselves,” said Godaddy CEO, Aman Butani, in a statement. “Godaddy’s research shows that they continue with the intention of promoting their small businesses.”
Microbusinesses are defined in the report as “small companies that generally use Ferwer of 10 employees.”
The report also found that entrepreneurs are changing their long -term objectives to adapt to the current climate. About 40% of respondents said they hope to continue being “entrepreneurs alone” (compared to 36% last year) instead of starting to hire and grow a larger business.
“Entrepreneurs are planning what is ahead,” Butani added. “They are sailing in these times when staying and determined. In Godaddy, our work is to ensure that they have the tools they need to succeed.”
For the full report, click here.
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