Nevada Small Business Challenges Survey reveals what w88 online casino and existing businesses face post-pandemic

TheNevada w88 online casino Business Development Center(SBDC) released this month its 2022 Small Business w88 online casino Survey. The results showed that entrepreneurs interested in starting a small business in Nevada face significant w88 online casino in securing debt and venture financing, as well as have difficulty in developing their businesses, such as creating a business plan and marketing strategy.

Of the 225 respondents looking to start a small business or a scalable startup, 58% claimed that securing financing is one of the top three w88 online casino they encountered while attempting to start their business in Nevada. When it comes to developing a business strategy, 54% of those same respondents said that creating a business plan and/or comprehensive marketing strategy posed a significant challenge to the success of their small business.

“Unfortunately, capital funding continues to be elusive for businesses in Nevada,” said Winnie Dowling, Nevada SBDC state director. “While this is nothing w88 online casino, it puts startups in the uncomfortable position of paying a lot more to get up and running, especially in our underserved communities. Knowing what businesses need is important to everyone.”

The w88 online casino was a partnership effort through the Nevada SBDC, the Governor’s Office of Economic Development (GOED) and Nevada’s chambers of commerce, development authorities and economic development partners. Responses were captured in July and August of 2022.

The survey results also showed that existing businesses have been affected by inflation and rising energy costs. Nearly 50% of the 486 existing business respondents claimed that inflation was a significant challenge, and 47% said that developing a business expansion plan and finding w88 online casino customers posed an issue. Other challenges included hiring and retaining employees and navigating government regulations.

More than two years after the start of the global COVID-19 pandemic, these survey results show that Nevada small business owners have moved beyond the pandemic fallout and are now focused on adapting to the post-pandemic w88 online casino of inflation, employee attraction and retention, and business growth in an unsettled economy.

“This w88 online casino produced critical data which will inform and support GOED’s SSBCI-Technical Assistance application for which we will collaborate with the Nevada SBDC,” said Karsten Heise, senior director of Strategic Programs & Innovation at GOED. “It will help with the design of a data driven approach for a program structure and service provision offering technical assistance to socially and economically disadvantaged individuals and very small businesses.”

The w88 online casino SBDC, hosted by theCollege of w88 online casinoat the University of Nevada, Reno and supported by the U.S. Small Business Administration, has offered no-cost and confidential professional advising services to Nevada small w88 online casino since 1985. Nevada SBDC clients are advised by professionals who utilize their educational and business experience to provide practical, relevant advice to small business owners and prospective small business owners.

Advising services include marketing, accounting and record keeping, loan applications, w88 online casino business start-up, capital formation, technology development assistance, business planning and more. Ninety-eight percent of all firms in Nevada are considered small businesses and therefore qualify for Nevada SBDC advising services.