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  2. Challenges faced by small businesses in 2023 include12345:
    1. Inflation and price increases
    2. Lack of capital
    3. Supply chain issues
    4. Employee attraction and retention
    5. Working from home
    6. Deeper digital adoption
    7. Handling a slower economy
    8. Recruiting quality talent and preparing for labor shortages
    9. Keeping loyal customers satisfied
    10. Protecting data and devices.
    Learn more:
    Behind recruitment and retention, inflation and price increases (22%), a lack of capital (14%), and supply chain issues (11%) were the biggest challenges among small business owners in 2023. With a brighter future in sight, small business owners are proactively strategizing for success and the continued growth of their businesses.
    www.guidantfinancial.com/blog/small-businesses-tr…

    Biggest Challenges Small Businesses Are Facing in 2023

    • Conquering a possible recession and other challenges faced by small businesses ...
    • Challenges of employee attraction and retention ...
    www.allbusiness.com/small-business-challenges-2…
    NEW YORK (AP) — Small businesses face a mix of old and new challenges as 2023 begins. A looming recession, still high (although easing) inflation and labor woes are some of issues carrying over from 2022 that small businesses will have to tackle.
    apnews.com/article/inflation-business-small-compe…

    Top small business challenges 2023

    • 1. Shifting to a Sustainable Business Model Tighter resource access has forced firms of all types to rethink their business models. ...
    • 2. Maintaining Happy Remote Workers ...
    • 3. Deeper Digital Adoption ...
    www.e-marketingassociates.com/blog/top-10-smal…
    The Q2 2023 MetLife and US Chamber Small Business Index found that inflation, revenue, and supply chains disruptions are small businesses’ top concerns.
    www.uschamber.com/small-business/the-biggest-c…
     
  3. People also ask
    What challenges will small businesses face in 2023?"The bigger challenge I see extending into 2023 is staffing. According to our research, about 40% of small businesses are struggling to attract new employees, and another 21% are concerned about retaining current staff.
    Will 2023 be a good year for small businesses?The future looks bright for small businesses, but 2023 will have challenges in store, too. Many small business owners expected 2022 to be a year of recovery after two years of struggling to survive a global pandemic.
    What challenges will entrepreneurs face in 2023?Whether you're starting or scaling a business in 2023, this year is poised to challenge both new and veteran entrepreneurs. Insider surveyed 68 founders about their 2023 predictions, including the biggest business trends and the fastest-growing industries. We also asked what they thought the top challenges for entrepreneurs would be this year.
    What changes should small businesses be aware of in 2023?Finally, small businesses should be aware of regulatory changes going into effect in 2023, particularly state regulations. There are 27 states raising minimum wages in 2023. For example, in Michigan, the minimum wage is set to increase from $9.87 to $10.10 per hour.
     
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    WEBApr 7, 2023 · Behind recruitment and retention, inflation and price increases (22%), a lack of capital (14%), and supply chain issues (11%) were the biggest challenges among small business owners in 2023. …

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    WEBJan 10, 2023 · Read More. By MAE ANDERSON. Published 3:00 AM PDT, January 10, 2023. NEW YORK (AP) — Small businesses face a mix of old and new challenges as 2023 begins. A looming recession, still high …

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