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The recently released 2024 Bank of America Business Owner Report reveals a surge of optimism among small and midsize businesses, as a majority anticipate revenue increases over the next year. Despite lingering concerns over inflation and the political environment, businesses actively are planning expansion and are implementing digital tools to enhance operations and reach new customers. The Bank of America Business Owner Report provides insights into the strategies and outlooks of businesses nationwide, highlighting their resilience and adaptability.
By Rebecca Meiser
Contributor, Commerce + Communities Today and Small Business Center
ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.
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