Small Business Insights: 2022 is the year the pivot becomes permanent!

Many small companies had to adjust to survive throughout the pandemic-and individuals same adaptations could certainly be helping these to thrive.

That’s among the standout findings in our latest Small Company Insights survey of two,000 small companies over the U.S., which reveals revenue online sales is much more important than ever before-for brick-and-mortar companies. Actually, it’s now the main priority for that nation’s small companies. Make use of the chapter links to leap to every portion of the report.

The pivot to digital

Almost nine from ten small companies (88%) say internet sales is going to be an essential income in 2022. Likewise, just about all (97%) say technology will become important for their business the coming year.

9 of 10 small companies need internet sales

Top priorities for 2022

Facing rising costs, boosting revenue online sales has become no.1 priority for small companies. Just about all small companies (97%) are worried about inflation, and lots of intend to raise prices.

5 Best priorities for all of us small companies

Hiring not firing

Greater than two in five small companies (44%) intend to expand their workforce within the next three several weeks, while just 3% predict their workforce can get smaller sized. This means the strong hiring trend we reported in September 2021 looks set to carry on in 2022.

US small companies wish to expand workforce

Economic outlook

Economic confidence remains high. Companies with fully integrated offline and online sales (referred to as “omni-channel” companies) would be the most positive concerning the economy.

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