Why Many Small Businesses Are Pulling Back Despite Profitability
The April Bank of America Institute Small Business Checkpoint frames a contradiction worth a closer look. Profitability growth held positive through the first quarter, but small business payroll growth has been negative for three consecutive months, and overall...
Why the Labor Problem Isn’t Going Away for Small Businesses
For several years, small business owners have consistently emphasized that hiring remains difficult. Even as economic conditions shift and wage pressures fluctuate, finding the right talent remains a persistent challenge. Recent research from the Wharton School, in...
How Small Businesses Are Planning for Growth
In Part 1 of this series, we explored the operational pressures shaping small business decisions as we move into 2026. This week, we look ahead to the strategic priorities business owners are putting in place to drive growth over the next five years. These decisions...