W W W. M A I N E B I Z . B I Z 17 M AY 1 5 , 2 0 2 3
F O C U S S M A L L B U S I N E S S
S O U R C E : WalletHub
MOST IMPORTANT FOR THEIR SUCCESS? HERE'S WHAT SMALL BUSINESS OWNERS SAY THEY WORRY ABOUT
Small business owners face a wealth of challenges, including rising costs, fees and a host of other worries. Financial products
are on people's minds. Here's an overview from small business-owners surveyed by WalletHub, the personal finance website.
38% low taxes 63% high interest rates
are hurting their business
40% Small Business
Week helps their
business
55% the Federal
Reserve is
'anti-business'
49% do not want
to accept payments
in cryptocurrency
32% easy access
to credit
75% inflation has
made it more difficult
to run their business
60% paying too
much in credit card
processing fees
58% it's unfair small business
credit cards offer worse terms
than consumer credit cards
75% have used a per-
sonal credit card for
business expenses
56% now is a good
time for a small
business to grow
40% low taxes are the
most important factor for
small business success
16% fewer regulations 14% government
incentives
