“As a brand new Congress is sworn in, enterprise house owners are wanting ahead to a contemporary begin and a 2025 legislative agenda that can positively impression their enterprise,” stated 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 decreasing federal laws, streamlining authorities spending, and implementing tax reforms.
“I hope 2025 is a chance to see enterprise develop. We’d like decrease taxes, much less regulation, excessive cuts in authorities spending, power independence, and pro-America commerce offers,” stated 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 government orders. Seventy-one % of respondents consider that efforts to streamline authorities companies will improve effectivity, whereas practically 70 % help decreasing climate-related laws to spice up home power 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 be capable to restore and reunite our extremely fractured nation,” stated Brad Clubb, CEO of Flyway Excavating in Mount Pleasure, Pennsylvania.
“We hope the federal government will discover a solution 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. Practically 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 carried out the survey on-line from December 20 via December 31, 2024, amassing responses from 518 enterprise leaders in 44 states. Most respondents (61 %) function companies with fewer than 10 workers, whereas 36 % handle companies with 10 to 99 workers.
The outcomes supply a transparent message to lawmakers: small enterprise house owners are prepared for daring motion in 2025 to deal with vital financial challenges and help progress.