“As a brand new Congress is sworn in, enterprise house owners are trying ahead to a recent begin and a 2025 legislative agenda that can positively influence their enterprise,” mentioned Randy Ford, President and COO of NWYC. “We encourage small enterprise house owners to proceed utilizing their voice and advocating for his or her enterprise priorities in Washington within the new yr.”
With President-elect Donald Trump set to return to workplace, small enterprise leaders expressed hopes for an agenda targeted on lowering federal rules, streamlining authorities spending, and implementing tax reforms.
“I hope 2025 is a chance to see enterprise develop. We want decrease taxes, much less regulation, excessive cuts in authorities spending, vitality independence, and pro-America commerce offers,” mentioned Brett Tanner, President of Pinnacle Trailer Gross sales, Inc., which operates in Virginia, South Carolina, and North Carolina.
The survey additionally indicated robust help for a few of Trump’s proposed govt orders. Seventy-one % of respondents imagine that efforts to streamline authorities businesses will improve effectivity, whereas practically 70 % help lowering climate-related rules to spice up home vitality manufacturing.
Amid these coverage priorities, enterprise house owners additionally emphasised the necessity for nationwide unity throughout the nation’s transition into a brand new administration.
“I hope that the Trump administration will have the ability to restore and reunite our extremely fractured nation,” mentioned Brad Clubb, CEO of Flyway Excavating in Mount Pleasure, Pennsylvania.
“We hope the federal government will discover a strategy to work collectively for the most effective for the American folks,” added Richard T. Seaver, President of Viking Instrument and Engineering in Whitehall, Michigan.
Regardless of optimism for the longer term, the survey mirrored combined financial outcomes for small companies in 2024. Almost half of respondents reported flat efficiency, whereas 30 % skilled a decline. Solely 20 % of companies reported progress, with house owners attributing their success to strategic initiatives.
NWYC performed the survey on-line from December 20 by December 31, 2024, accumulating responses from 518 enterprise leaders in 44 states. Most respondents (61 %) function companies with fewer than 10 workers, whereas 36 % handle corporations with 10 to 99 workers.
The outcomes provide a transparent message to lawmakers: small enterprise house owners are prepared for daring motion in 2025 to handle crucial financial challenges and help progress.