A recent US Bank report reveals that 87% of small business owners remain optimistic about their business's future despite ongoing economic pressures. US Bank...
A recent US Bank report reveals that 87% of small business owners remain optimistic about their business's future despite ongoing economic pressures . US Bank Chief Product Officer for business banking Shruti Patel joins Wealth! to analyze the findings of this report.
For more on this report and its findings, I'm joined by Shruti Patel, who is the chief product officer for business this banking at US Bank. We saw a lot of excitement from small business owners in terms of a i tools and automation, helping them to be more effective. And so, you know, whether you are talking about the B to B sector, whether you are talking about the B to C, the healthy consumer demand continues to grow.
How can I make sure that I'm improving the profitability of the business as well and more of them leaning into technology? And a lot of them expressed the sentiment that this was really important to drive profitability but also improve worker productivity, which is helping them, then turn them back into worker benefits and work across the labour shortages which they are experiencing.
Economic Pressures US Bank Small Business Labor Shortages
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