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With a turbulent election season in the rear-view mirror, entrepreneurs are moving forward with confidence in 2017. A reported increase in optimism among the business community is creating an environment for small businesses to rally. In fact, nearly seven in 10 U.S. small and medium-sized enterprises expect significant revenue growth in the next year, according to an American Express report.
Because the small business space is so dynamic, and particularly in light of newly-elected government officials looking to effect major changes, it’s more important than ever for entrepreneurs to keep an eye on new regulation, developments and trends. Here are five key trends that will define small business in 2017:
What do these trends as a whole mean for small businesses and the economy in 2017? An optimistic business sector with access to more technological advances and funding opportunities could mean a significant boost in job creation and economic growth—a big win for all parties.
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Jim Granat is the President of Lendio
Blog
7 min read • Aug 08, 2022