Because the economic system begins its restoration, small enterprise homeowners say they face two important challenges: Discovering certified workers and adjusting to diminished gross sales totals.
Companies additionally cited money stream, the economic system, improve in manufacturing prices, capability constraints and provide chain disruption as ongoing challenges.
How do we all know that? From Might 10-25, 2021, ADP surveyed greater than 2,000 small enterprise homeowners. It’s referred to as the ADP Small Enterprise @ Work Survey. The surveys shall be performed quarterly, with the outcomes mentioned through a webinar.
ADP Chief Economist Nela Richardson stated that analysis ought to be ongoing because the enterprise adjustments are “ongoing and evolving.”
ADP Small Enterprise @ Work Survey
Right here’s a have a look at the outcomes of the primary survey.
Throughout the first 3 months of 2021, jobs elevated by 6%. Within the second quarter, job will increase are anticipated