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54% of Small Businesses Have a Budget for 2021, Finds New Survey From Clutch
Small businesses employ a variety of budgeting practices. More than half of small businesses (54%) have a formally-documented budget for 2021. But how small businesses choose to budget depends on their size and the business environment.
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WASHINGTON, May 12, 2021 /PRNewswire/ -- More than half of small businesses (54%) have a documented budget for 2021, according to a
Clutch surveyed small business owners and managers to learn about what kind of budgeting they do. The data reveals that most businesses do have budgets, but that the smallest businesses are more likely to go without them.