Story perspectives
Rising Costs Challenge Small Businesses Amid Promising 2025 Opportunities
1/6/2025
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Story summary
- Rising production costs, driven by high borrowing rates and currency fluctuations, threaten small businesses in Pakistan, warns APBF.
- APBF advocates for a three-pronged strategy: short-term fiscal goals, medium-term financial inclusion, and long-term human capital development.
- In the U.S., a shift to credit card payments raises costs for small businesses, with swipe fees reaching $172 billion in 2023.
- Promising business opportunities for 2025 include AI solutions, health tech, fractional services, niche digital marketing, SaaS platforms, real estate, and virtual event planning.
