Bank of America Research Finds Small Business Owners Remained Resilient During a Challenging Year
Bank of America Corporation (BAC)
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Source: Business Wire
Despite a Cautious Near-Term Outlook, Entrepreneurs Anticipate a Strong Environment Post-Pandemic CHARLOTTE, N.C.--(BUSINESS WIRE)--According to the new Bank of America 2020 Small Business Owner Report, U.S. small business owners have remained resilient and flexible this year as they navigated an evolving business landscape brought on by the health crisis.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201202005388/en/2020 Bank of America Small Business Owner Report – Business Projections (Graphic: Business Wire)The research, based on a survey of more than 1,000 business owners, found that entrepreneurs anticipate a strong post-pandemic environment that will support small businesses. On the road to recovery, they say stronger consumer confidence and increased spending (79%), restored confidence in public health (78%), debt forgiveness (66%) and government relief programs (66%) will be most beneficial. Once the U.S. recove
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