Beyond Business Report

Our “2025 Beyond Business Report” is an annual study focused on understanding business owner mindset and macroeconomic trends directly from the voice of business owners and financial decision-makers.

Top Challenges by Industry

Inflation, shifts in government policies, rising wages, and higher business cost are top concerns for all industries. Top challenges include finding new business opportunities and the right talent.

Finding new business/sales or marketing

Finding new business/sales or marketing

Finding new business/sales or marketing

Hiring or being able to find the right employees

Hiring or being able to find the right employees


Business Transitions on the Horizon

Only 48% of businesses have a succession plan.

Many business owners are approaching retirement with one-third of companies expecting to undergo an ownership change within the next five years. Despite intentions, only 48% of businesses have a formal succession plan in place. Read more about the importance of succession planning and the role of external advisors.

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