Two 'avoidable mistakes' for small business owners: Bluevine

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Bluevine News

Business Expectations,Small Business Owner,Eyal Lifshitz

Fintech company Bluevine has released its mid-year Small Business Owner Success Survey, revealing encouraging results. The survey found that 88% of owners...

WTI slid more than 3% to hover near US$66 per barrel, while Brent also fell to below US$70 a barrelFintech company Bluevine has released its mid-year Small Business Owner Success Survey, revealing encouraging results. The survey found that 88% of owners felt they met or exceeded their business expectations in the first half of 2024, with 73% maintaining similar levels of optimism or confidence for the second half of the year.

In fact, 88% felt that they met or exceeded business expectations in the first half of the year and that confidence is spilling over into the second half of the year here with more on the takeaways. So, coming off a first strong half, the sentiment continues positive to be continues to be positive in the second half, almost three quarters as you're showing right now, feel good about the second half, even though uncertainty is increasing with the elections with inflation with taxes.

For example, we're seeing that still over half are using credit cards as personal credit cards as their main source of financing. But also in cases where things become tougher, be in a position where you're able to weather the storm. FortisBC Inc. is issuing a Request for Expressions of Interest for additional power to meet its customers' growing energy needs and support economic growth in B.C.'s Southern Interior region. As the company identifies promising projects, FortisBC will work with power providers to bring these new projects online and increase the amount of electricity available for its customers.

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