A Capital One survey reported business owners doing well but are preparing for a recession–just in case.
Small business owners feel good about the current state of the economy but expressed fears of a recession in a new survey from Capital One.
Capital One commissioned a survey of 500 small businesses in the US with revenue less than $10 million, asking them a range of questions about the state of the country’s economy.
Almost 65% of businesses said conditions for businesses were good or excellent right now, while nearly half told the survey they were concerned about the potential effects of a recession in the next year.
The bi-annual Small Business Growth Index