A recent survey found that over 600 small businesses statewide were feeling more optimistic for the year ahead, even as issues related to the pandemic remain a hurdle with 45% of businesses surveyed saying it remains the next most major challenge.
ANCHORAGE, Alaska - Economic recovery is on the minds of many small business owners in Alaska after the past two years disrupted many industries across the state.. The survey had over 600 small businesses statewide respond and found many were more optimistic for the year ahead.
Bittner added that significant barriers to business remain. The survey found the top challenge in 2021 was the supply chain and shipping costs. In 2017, 5% of small businesses surveyed said supply chain issues and shipping costs were their top challenge. This year, half of the businesses surveyed said it was their top challenge.Issues related to the COVID-19 pandemic remain a hurdle, as 45% of businesses surveyed said it remains the next most major challenge.
“As the cost of goods goes up, especially in rural communities, the more difficulties businesses are going to have,” Bittner said.
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