Small Business Growth Expectations 2012-2020 Trend

Growt

May 20, 2020

46% of small businesses expect to have modest or dramatic growth in the next 5 years compared to the 61% in 2015 who expected growth from 2015-2020. Interestingly, 11% this year plan to grow dramatically in the next 5 years, the largest percentage since 2012.

This Live Oak Business Pulse report contains data from surveys conducted April 1-19, 2020 with 498 small businesses (Revenues $100k-<$10MM) and 372 middle market companies (Revs $10MM-<$500MM) responding.

 

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