Michigan small businesses are resilient but they need support | News, Sports, Jobs

A reputable statewide advocacy organization is out with an interesting study that looked hard at the impact of the COVID-19 pandemic on small businesses.

The Small Business Association of Michigan reports this week that that 72 percent of businesses are feeling optimistic about the survival of their businesses.

But that doesn’t mean small businesses in the state didn’t — and aren’t — facing significant challenges, as the pandemic seems to be winding down.

The survey, conducted June 8-18 of more than 600 Michigan small businesses, also revealed that:

≤ 47% of respondents say difficulty finding and keeping employees is the biggest problem facing their business.

≤ 50% of those surveyed expect to increase the size of their workforce over the next 6 months.

≤ 52% of small businesses have increased wages of their employees since the pandemic began.

≤ 78% of respondents said that COVID-19 had a negative impact on their business in 2020 and…

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