Courtesy
The results of the 2024 Nevada Small Business Challenges Survey shed light on the pressing issues faced by established and new businesses across the state.
With 889 respondents, this year’s survey provides an overview of the challenges Nevada’s small businesses face as they navigate an evolving economic landscape.
Since the survey was first distributed to businesses throughout the Silver State in 2022, the Nevada Small Business Development Center is now able to distinguish data trends and understand the shifting landscape of emerging and sustained challenges.
The survey’s findings emphasize the ongoing need for targeted support and resources for Nevada’s small businesses, which represent over 99% of all businesses in the state.
As small businesses continue to face familiar hurdles — such as attracting new customers, managing growth, and securing funding — the data highlights emerging issues like the need for financial literacy, navigating government regulations, and adapting to economic pressures like inflation.
Anyone may request a copy of the confidential data to do their own analysis. Data may be analyzed by a variety of questions, for example: by industry, community, referring partner, minority status, and whether a startup or existing business owner.
The goal of the survey is to help organizations and communities to better understand and support our small businesses. The survey is conducted annually.
Data from the 2024 survey is available for further analysis by any interested parties.
For information or to request access to the confidential data, contact Brad Scribner at bscribner@unr.edu.
