
Understanding Nevada's Business Landscape Through the 2025 Survey
The Nevada Small Business Development Center (Nevada SBDC) is gearing up for its 2025 Small Business Challenges Survey, an effort that aims to capture the voice of Nevada's entrepreneurs. According to Greg Mosier, dean of the College of Business, understanding the challenges faced by business owners is essential for shaping responsive support programs. This survey will run from July 14 to August 31, welcoming input from nearly all small business owners in the state.
Past Insights and Future Directions
In the previous year's survey, findings revealed critical challenges, including customer acquisition and inflation management. This year, the insights gained will be pivotal for informing local and state-level business support initiatives. The ongoing concerns over funding, as highlighted by startup entrepreneurs, demonstrate the urgency for effective solutions. For instance, 70% indicated funding as their primary challenge, while regulatory compliance and marketing strategy rounded out the top four areas of struggle.
The Impact of Data on Small Business Growth
Data gained from these surveys directly influences statewide initiatives like the State Small Business Credit Initiative (SSBCI), which supports small businesses in accessing necessary capital. The insights gathered are invaluable for developing a data-driven approach to aid in policy-making, ensuring that resources align directly with the needs of the business community. This not only promotes economic growth but strengthens the resilience of Nevada’s vibrant entrepreneurial spirit.
Join the Conversation and Shape the Future
The 2025 survey represents an opportunity for Nevada’s entrepreneurs to make their voices heard and to highlight the challenges impacting their growth. By participating, business owners contribute to a larger conversation that fosters a tailored support system, ultimately aiming for a thriving economic landscape.
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