40% Can’t Pay December Rent; 38% Report Cash Crunch
Q3 2022 hedge fund letters, conferences and more What’s even more daunting is that last December, small businesses had something to celebrate: only 26% had rent troubles – the lowest rate for all of 2021. In stark contrast, today the U.S. national average is up 14 percentage points over last year. These findings are based on Alignable’s poll of 3,252 small business owners surveyed from 12/10/22 to 12/29/22, as well as sentiments of 65,000+ other SMB owners during 2022. Despite a slightly improved inflation rate, the majority of small business owners remain concerned about the cumulative effect...