Goldman Sachs survey shows small businesses still struggling due to higher operating costs, labor shortages
SUSAN MOCARSKI, founder of Cleverhood in Providence, is among the 83% of small-business owners reporting increasing operating costs, according to a new survey from Goldman Sachs. / PBN FILE PHOTO/ ELIZABETH GRAHAM
PROVIDENCE – The worst of the pandemic appears to be over, but skyrocketing operating costs have small businesses still struggling.
This was one finding of a Goldman Sachs survey published on Wednesday. The survey of graduates of its 10,000 Small Businesses program suggested that more than eight in ten small-business owners are facing increased production, shipping and general operating costs.