After a difficult year in 2024, Intuit Inc.’s 2025 Intuit QuickBooks Small Business Index looks to understand challenges and identify solutions. The report found that over the past 12 months, small businesses struggled with declining employment and revenue. However, small businesses have also shown some signs of slow growth following spiked interest rates when they had less access to credit. The businesses that reported working with banks offering greater access to credit have grown a bit faster.
After a difficult year in 2024, Intuit Inc.’s 2025 Intuit QuickBooks Small Business Index looks to understand challenges and identify solutions. The report found that over the past 12 months, small businesses struggled with declining employment and revenue. However, small businesses have also shown some signs of slow growth following spiked interest rates when they had less access to credit. The businesses that reported working with banks offering greater access to credit have grown a bit faster.