Mike Granata
Courtesy of Bank of America
As the second half of 2024 comes into focus for small business owners, entrepreneurs across greater Chicago largely are confident about the future of their businesses.
In fact, according to new Bank of America research, 55% of Chicago-area small business owners surveyed are planning for growth in the year ahead, and 50% expect the national economy to improve, compared to 33% nationally. Both metrics illustrate the confidence local entrepreneurs have in their ability to maintain profitability in the face of persistent challenges, which include key economic factors such as inflation, supply chain issues, rising costs of healthcare, and an uncertain political environment.
Despite those concerns, nearly 7 in 10…
