Long Beach Small Business Monitor (LBSBM)
Long Beach Small Business Expectations for Rest of 2023
"Stubbornly Cautious"
It's been more than a year since we last talked with Long Beach small business owners and managers for our small business survey. We decided to resume surveys in the Summer of 2023 to see how LB small businesses are doing and gauge expectations for the rest of 2023. Long Beach small business owners and managers appear stubbornly cautious today. A majority of LB small businesspeople are expecting sales gains (55%), but this is far below that measured prior to 2019 and the years of Covid-19 lock downs and economic dislocations. In spite of a short-lived gain right after the 2020 election, a large share of Long Beach small businesspeople today remains cautious and at somewhat pessimistic about potential growth in sales and revenue over the rest of this year (45%).
Read more about expectations of Long Beach Small Business for the rest of 2023 in the report
2023 "Stubbornly Cautious" Report
The purpose of the Long Beach Small Business Monitor is to provide the greater Long Beach region and community an understanding of the expectations and desires of small business owners
The results are based on surveys of between 100 and 300 small business owners and managers randomly selected from all Long Beach small businesses of 50 employees or less. Under the direction of Dr. Flexo, Marketing Systems Group generated a random sample from their frame of all small businesses with addresses in Long Beach. The sample was sent to Clear Insights Group a professional data collection facility. Each small business was called by a professionally trained interviewer. A final sample of 100-300 interviews with small businesses was collected using this industry-standard procedure. MOE ranges between +/-6.5% and 5.5% depending on the final sample size.
- 2023 current
- 2021 Q2- Post Pandemic
- 2021 Q1- Expectations for 2021: A Hopeful Return to Normal
- 2020 Q3-The Covid-19 Edition II Where Are We and Where Do We Go From Here? (PDF)
- 2020 Q2- Impact of Covid-19 on Long Beach Small Business (PDF)
- 2020 Q1- Expectations in 2020 "Return to Optimism? (PDF)
- 2019 Q2- Most Important Concerns / Access to Working Capital (PDF)
- 2019 Q1- Expectations for 2019 Slump Coming? (PDF)
- 2018 Q3- Key Challenge for LB Small Businesses Today - Finding Qualified Workers (PDF)
- 2018 Q2 - Small Business and Digital Marketing (PDF)
- 2018 Q1 - Expectations Index 2018 Issue (PDF)
- 2017 Q3 - What Long Beach Business need to Succeed (PDF)
- 2017 Q2 - Long Beach City government Scorecard (PDF)
- 2017 Q1 - Small Business Expectations Index 2017 (PDF)
- 2016 Q4 - Oppose or Support Minimum Wage (PDF)
- 2016 Q2 - Small Business Expectations Index Digital Marketing (PDF)
- 2016 Q1 - Small Business Expectations Index 2016 (PDF)
- 2015 Q4 - Small Business and the Affordable Care Act Year 3 (PDF)
- 2015 Q3 - City Gov’t Job Performance Scorecard. (PDF)
- 2015 Q2 - What Does Small Business Need to Succeed. (PDF)
- 2015 Q1 - Small Business Expectations Index 2015 (PDF)
- 2014 Q3 - Small Business Expectations Index (PDF)
- 2014 Q2 - Struggles with Online Marketing (PDF)
- 2014 Q1 - Long Beach Small Business and the Affordable Care Act. (PDF)
- 2013 Q4 - Small Business Ratings of Local Government Job Performance (PDF)
- 2013 Q3- Small Business Expectations(PDF)
- 2013 Q2 - Good time to open a small business in Long Beach (PDF)
- 2012 Q3 - Small Business Rates Local Government (PDF)
- 2012 Q2 - Inaugural Edition Small Business Expectations(PDF)