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It’s difficult to understate all the changes the business landscape has seen in the past few years, and yet entrepreneurs have responded with incredible adaptability. Perhaps that is one of the biggest reasons small business owners are optimistic about the future. In fact, 66% expect revenue increases and more than half plan to expand their business in 2023.
Plenty of challenges and opportunities lie ahead, both in day-to-day operations and in the long-term. It’s impossible to predict exactly what will happen next year. However, having well-informed expectations can help you stay ahead of the curve. Here are five trends the SBA is monitoring as we head into 2023:
While the holidays can be a time of rest and generosity, scammers are still trying 24/7 to separate small business owners from their hard-earned money by impersonating SBA websites or staff. SBA recently learned of a fake SBA website sharing a photo and contact information for a fake SBA “agent.” Protect yourself and your business and don’t fall for these lookalike scams!
- SBA will only contact you from email addresses ending in @sba.gov.
- The SBA website is at www.sba.gov. SBA’s Wisconsin District Office webpage is www.sba.gov/wi. If someone sends you an unsolicited link purporting to direct you to the SBA website, don’t follow it–check the SBA website directly.
- SBA is no longer offering COVID-related grants, so any ads promoting SBA COVID grants are a scam. SBA also rarely advertises.
Questions? Feel free to contact the SBA Wisconsin staff at wisconsin@sba.gov
For more tips or to report a scam involving SBA, visit the SBA Office of Inspector General’s website at www.sba.gov/ig.
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COVID Economic Injury Disaster Loan (EIDL) Repayment Process Jan 10, 9:30 am Jan 31, 2 pm Feb 22, 10 am
Acquisition Hour: The SBA 8(a) Program and Small Disadvantaged Business (SDB) Program Jan 10, 11 am
Banking Services (SBA Money Smart Series) Jan 25, 1 pm
Resource Partner Trainings
Start a Small Business in Eight Steps (Western WI WBC) —two times!
Dec 29, 6 pm Jan 18, 6 pm
Personal Branding 101 – Increasing Your Visibility And Credibility (Western WI WBC) Jan 18, 10:30 am
How To Hire The Right Person & Tips For Task Delegation (Western WI WBC) Jan 31, 10 am
Hybrid! SHRM Learning System Certification Course (SBDC) starts Feb 15
Inclusion is not an endorsement of any product, service, or entity.
Follow us on Twitter at @SBA_Wisconsin and visit us online at www.sba.gov.
Looking for the login portal for SBA loans, grants, or government contracting? Find it here
To contact the SBA Wisconsin office, email wisconsin@sba.gov.
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