A recent survey conducted by GoDaddy, a leading website hosting company, highlights a resilient outlook among entrepreneurs in the face of economic pressures, including tariffs.

Key Findings on Economic Outlook

The survey, which involved 2,100 microbusiness owners, reveals that approximately half anticipate a weakening economy in the coming six months. Nevertheless, a significant 66% maintain positive revenue expectations.

• 9% forecast a decline in sales, showing a majority are holding strong.
• Microbusinesses are defined in this survey as typically employing fewer than 10 individuals.

Adaptations and Long-term Goals

According to the report, many entrepreneurs are adjusting their long-term aspirations. Notably, about 40% of respondents now plan to remain “solo entrepreneurs,” an increase from 36% in the previous year. This shift indicates a strategic pivot towards more manageable operations rather than expanding their workforce.

Voices from GoDaddy Leadership

“Small business owners believe in themselves,” stated GoDaddy CEO Aman Bhutani. “GoDaddy’s research shows they remain intent on pushing their small businesses forward.” His comments underscore the determination of entrepreneurs to navigate these uncertain times with resolve.

Bhutani further added, “Entrepreneurs are planning for what is ahead. They are navigating these times by staying focused and determined. At GoDaddy, our job is to make sure they have the tools they need to succeed.”