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The editors of Forbes just published their top 32 small business statistics of 2022. These stats, gathered from informational powerhouses like the U.S. Bureau of Labor Statistics and the U.S. Small Business Administration, can guide decisionmaking for your small business into 2023. A few takeaways for those looking to investment and pivots in the new year: Over three-quarters of shoppers visit a business’ website before visiting the physical location, and nearly half of the businesses that fail in their first five years do so because of a lack of demand.
To read more of these insights, click here.
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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