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Small Business Confidence Is Rising Again—But Growth Comes With a New Set of Challenges

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After months of economic uncertainty, there are signs that America’s small-business economy is regaining some momentum. Entrepreneurs are starting companies at a faster pace, existing business owners are becoming more optimistic, and more employers are preparing to hire.

But this is not a return to easy growth.

The small-business environment of 2026 is increasingly defined by a different challenge: owners may see opportunities to expand, but finding the right employees, managing financing costs, protecting margins and making smart investments are becoming critical to turning optimism into sustainable growth.

Confidence Is Returning to Main Street

The latest numbers offer an encouraging picture.

The National Federation of Independent Business reported that its Small Business Optimism Index increased 2.4 points to 99.8 in July 2026, putting it above its long-term average of 98 and at its highest level since August 2025. Eight of the index’s ten components improved during the month.

Perhaps more important is what business owners intend to do next.

A seasonally adjusted net 20% of small-business owners said they planned to create jobs during the next three months, the strongest hiring intention recorded since October 2022. Meanwhile, 25% planned capital expenditures during the next six months, the highest level since December 2024.

That combination suggests small-business owners are not simply feeling more confident. Many are beginning to think about expansion again.

And new entrepreneurs continue to enter the market.

The U.S. Census Bureau reported 578,926 business applications in July 2026, seasonally adjusted, an 8.1% increase from June. The agency projected nearly 30,000 new employer businesses would emerge within four quarters from July’s applications.

Entrepreneurial activity, in other words, remains alive and well.

The Biggest Problem Is Shifting

For much of the past several years, inflation dominated business conversations. Rising materials, transportation, energy and operating expenses forced many small companies to increase prices or accept thinner margins.

Those pressures have not disappeared, but the latest data suggest the concern is changing.

In July, 14% of surveyed small-business owners identified inflation as their most important business problem, down seven percentage points from June. At the same time, 27% identified labor quality or availability as their biggest problem, making workforce issues the leading concern.

Thirty-six percent reported job openings they could not fill, the highest percentage since June 2025. Among businesses hiring or attempting to hire, a large majority reported receiving few or no qualified applicants.

That creates an unusual situation.

Businesses increasingly want to hire at the same time that many cannot find the people they need.

For small companies, this problem can be particularly serious. Large corporations may have dedicated recruiters, larger salary budgets and stronger employer brands. A business with 10 or 20 employees often does not have those advantages.

The result is that the next stage of small-business competition may be fought as much over talent as customers.

Small Businesses Need to Rethink Hiring

Throwing another job listing online may no longer be enough.

Owners looking to expand should increasingly think about the employee experience in much the same way they think about the customer experience.

Competitive pay matters, but so do scheduling flexibility, career development, workplace culture, training and clear opportunities for advancement.

Small businesses can also compete in ways that larger companies sometimes cannot.

They can give employees greater responsibility earlier. They can make decisions faster. Employees may have more direct access to leadership and a clearer understanding of how their work affects the company.

Those advantages need to become part of the recruiting message.

Businesses should also reconsider whether every position requires an experienced candidate. When qualified talent is scarce, hiring capable people and developing them internally can sometimes be more effective than waiting months for a perfect résumé.

Growth Still Needs Financial Discipline

Improving confidence should not be confused with inexpensive money.

NFIB’s July survey found that the average interest rate owners reported paying on short-maturity loans was 7.9%. Meanwhile, Federal Reserve lending data showed that credit standards remained toward the tighter end of their historical range across many lending categories, even as conditions for commercial and industrial lending were relatively more accommodating.

That means expansion decisions need to be deliberate.

Buying equipment, opening another location or adding employees may create growth, but only when the expected return justifies the cost.

Owners should know three numbers before committing to major expansion: the additional monthly cost, the realistic revenue the investment can generate, and how long the business can comfortably carry the expense if sales develop more slowly than expected.

In an uncertain economy, cash reserves and flexibility can be just as valuable as rapid growth.

Protecting Margins Matters More Than Chasing Revenue

Revenue growth looks impressive, but profitability keeps businesses alive.

Small-business owners should therefore pay close attention to which products, customers and services actually produce their strongest margins.

Some businesses may discover that a relatively small group of customers generates most of their profit. Others may find that an apparently popular product consumes too much labor, inventory or delivery expense to remain worthwhile.

The strongest companies will use this period of improving confidence to become more selective—not simply bigger.

That could mean eliminating low-margin offerings, renegotiating supplier contracts, introducing minimum order requirements, adjusting pricing or focusing sales efforts on the customers most likely to become profitable long-term relationships.

The Opportunity Is Real, but So Is the Uncertainty

The current numbers are encouraging, but business owners are hardly carefree.

NFIB’s Uncertainty Index increased to 91 in July, remaining well above its historical average. Sales expectations also softened slightly even as overall confidence improved.

That combination captures the current small-business environment remarkably well.

Owners are optimistic enough to invest.

They are cautious enough to know conditions can change.

That may actually be a healthy combination.

The businesses positioned to perform best in the next phase are unlikely to be those that expand at any cost. They will be companies that grow selectively, recruit creatively, control expenses, preserve cash and remain close enough to their customers to recognize changes in demand early.

A New Phase for Small Business

Small-business optimism returning above its long-term average is meaningful. Rising business applications are meaningful too.

They show that entrepreneurs continue to believe there are opportunities worth pursuing despite a complicated economic environment.

But 2026 is also demonstrating that optimism alone does not build a successful company.

Execution does.

For entrepreneurs, the opportunity now is to turn improving confidence into stronger businesses without repeating the mistakes that often accompany rapid expansion.

The next winners in small business may not be the companies that grow the fastest. They may be the ones that learn how to grow without losing control.

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From Book to Booked: Taurea Avant Shares How Authors Can Use AI to Land More Speaking Opportunities

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For many authors, publishing a book feels like the finish line. Visibility strategist, international speaker, and bestselling author Taurea Avant sees it differently. In her view, publishing the book is often just the beginning of a much bigger opportunity.

Avant has built her work around helping authors, speakers, coaches, and experts turn their knowledge and stories into visibility, stages, media opportunities, and revenue. Through her “From Book to Booked” approach, she encourages authors to stop looking at their books only as products to sell and start viewing them as strategic business tools.

“Writing the book is not necessarily the hardest part,” Avant explains. “The bigger challenge is figuring out what to do with the book once it is finished. A lot of authors publish the book, put it on Amazon, announce it to their audience, and then they are not really sure what comes next.”

According to Avant, what comes next should be a clear strategy for expanding the message beyond the pages.

A Book Can Become a Speaking Credential

For authors who also want to speak, Avant believes the book can provide an immediate credibility boost. It gives event organizers, podcast hosts, media outlets, and potential clients something tangible that represents the author’s knowledge and expertise.

However, simply being a published author is not enough.

“The goal is not to get on stage and spend 30 or 45 minutes talking about your book,” Avant says. “The goal is to identify the transformation inside the book. What can you teach? What can the audience learn from your story? What problem can your experience help someone solve?”

That shift in thinking can completely change how an author approaches speaking opportunities.

A leadership author, for example, can develop talks around leadership development, team building, workplace culture, or personal growth. An entrepreneur who has written about business can create presentations around sales, marketing, resilience, branding, or entrepreneurship. Someone who has written a personal story can identify the lessons within that experience and turn those lessons into keynote presentations, workshops, or panel topics.

Avant encourages authors to start by looking at something they already have: their table of contents.

“Your chapters can become speaking topics,” she says. “One chapter may become a keynote. Another may become a workshop. Another may become a podcast conversation. Authors sometimes think they need to keep creating completely new content when they may already have months of speaking content sitting inside their book.”

AI Is Changing How Authors Can Position Themselves

The rise of artificial intelligence has created concerns for many writers and authors, especially around originality and the future of publishing. Avant believes authors should pay attention to those concerns, but she also sees tremendous opportunity in using AI as a business and visibility tool.

“AI should not replace your story, your experience, or your voice,” she explains. “But it can help you organize and leverage what you already know much faster.”

For an author looking to expand into speaking, that could mean using AI to brainstorm presentation topics based on a book, strengthen a speaker bio, create podcast pitch ideas, develop workshop outlines, prepare interview talking points, or identify audiences that may benefit from the author’s message.

An author could take the summary of a chapter, for example, and ask an AI tool to suggest five potential keynote topics. From there, the author can decide which ideas fit their expertise, audience, and voice.

“You still have to bring yourself to it,” Avant says. “AI may give you an idea, but your experience is what makes that idea powerful.”

AI can also help authors think more strategically about where their message belongs. Rather than randomly searching for stages, Avant recommends first identifying the audience, the problem that audience faces, and the transformation the speaker provides. AI can then be used to brainstorm types of conferences, organizations, podcasts, associations, and companies where that topic may be relevant.

Visibility Often Leads to More Visibility

One of the biggest lessons Avant teaches speakers is that getting booked can often lead to getting booked again.

Event organizers and podcast hosts regularly research potential guests before making a decision. When they search a speaker’s name, they may look for previous interviews, articles, speaking clips, media coverage, and other evidence that the person has experience delivering their message publicly.

“People are going to look you up,” Avant says. “The question is, what are they going to find?”

This is why she encourages speakers to treat every opportunity as part of a larger visibility strategy. A podcast appearance can become a video clip. A speaking engagement can become photographs, testimonials, and social media content. An article can strengthen credibility when pitching another publication or conference.

Over time, those individual opportunities create what Avant describes as a visibility trail.

“The more evidence people can find that you are already speaking, being interviewed, and sharing your expertise, the easier it becomes for them to imagine you on their stage,” she explains.

That does not mean every opportunity needs to be massive. Avant believes many speakers make the mistake of focusing only on large conferences while overlooking smaller stages that may place them directly in front of the right audience.

“Thirty of the right people can sometimes create a bigger opportunity than 3,000 people who are not your audience,” she says.

Authors Should Think Beyond Book Royalties

Avant also challenges authors to think differently about how a book can generate revenue.

Most authors naturally think first about book sales. Yet the financial opportunity connected to a book can extend much further.

A book may sell for $20, but the authority created by that book can lead to speaking engagements, coaching clients, consulting contracts, partnerships, workshops, media appearances, and other opportunities worth considerably more.

“The book can be one of the least expensive things you offer, but it can be one of the most powerful tools for introducing people to everything else you do,” Avant says.

That is the core of the “From Book to Booked” philosophy. The objective is not simply to sell more books. It is to use the book to create a larger ecosystem around the author’s expertise.

When that happens, the book becomes the introduction, the speaking opportunity expands the message, and the business gives the audience a way to continue working with the author.

The First Step Is Getting Clear

For an author who wants to begin landing more speaking opportunities, Avant recommends starting with clarity.

What do you want to be known for? Who needs your message? What transformation can you provide? What type of stage already attracts those people?

Once those answers become clear, the next step is consistent visibility and pitching.

“The biggest mistake is waiting for someone to discover you,” Avant says. “You have to start putting yourself in the rooms, conversations, interviews, and platforms where your message belongs.”

With the continued growth of podcasts, virtual platforms, live conferences, digital media, and AI tools, authors now have more ways than ever to turn one book into multiple opportunities.

The book may start the conversation, but it does not have to be where the conversation ends.

Learn How to Speak on More Stages

Avant is continuing this conversation through her How to Speak on More Stages Workshop, designed for authors, speakers, coaches, entrepreneurs, and experts who want to increase their visibility and create more speaking opportunities.

The workshop will cover how to position a message for the right stages, develop stronger speaking topics, leverage a book as a credibility tool, identify opportunities, and use AI to help make the visibility process faster and more strategic.

To learn more or register, visit www.HowtoSpeakonMoreStages.com.

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The 2026 Small Business Opportunity: How Entrepreneurs Can Turn Economic Change and AI Into Growth

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Running a small business in 2026 requires entrepreneurs to pay attention to two economies at the same time.

There is the traditional economy of prices, employees, interest rates and consumer spending.

Then there is the rapidly developing digital economy being shaped by artificial intelligence.

For entrepreneurs willing to understand both, the current environment may create opportunities to operate smarter, control costs and compete with companies much larger than their own.

There Are Signs of Relief—but Business Owners Should Remain Cautious

New economic data released August 13 showed that U.S. producer prices were unchanged in July after declining slightly in June. Goods prices fell 0.7%, while the cost of services increased 0.2%. Producer prices were still 4.7% higher than a year earlier, meaning inflation has not disappeared.

For business owners, that creates a mixed picture.

Certain expenses may begin to stabilize, but entrepreneurs should not assume that everything is going back to pre-inflation pricing.

This is the time to understand the numbers inside the business.

Owners should know their customer acquisition cost, profit margins, operating expenses and the amount of revenue generated by each major product or service.

When the economy is uncertain, cash-flow visibility becomes even more important.

Productivity Is Becoming the New Growth Strategy

One encouraging development has been productivity.

U.S. nonfarm productivity increased at a 1.4% annualized rate during the second quarter of 2026 and was 2.2% higher than a year earlier. Economists and policymakers are watching whether continued AI investment will help increase productivity further.

For the small-business owner, productivity means something very practical:

How can you produce more value without simply working more hours?

The traditional entrepreneurial response to growth is often to hire more people, work longer hours or spend more money.

Technology offers another option.

Businesses can increasingly automate repetitive work while allowing owners and employees to spend more time on activities directly connected to revenue and customer relationships.

Small Businesses Are Using AI—but Many Have Barely Scratched the Surface

There is a noticeable difference between using AI and actually building AI into a business.

Goldman Sachs reported in March that 76% of small businesses participating in its survey were using AI, with 93% of users reporting a positive impact. However, only 14% said AI had been fully integrated into their core operations.

Broader Census Bureau data paints an even more cautious picture. From December 2025 through May 2026, overall business AI usage measured by its Business Trends and Outlook Survey remained around 17% to 20%, with adoption generally higher among larger companies. Less than 20% of businesses with four or fewer employees reported using AI.

The surveys measure AI use differently, but together they highlight an important opportunity.

Most entrepreneurs are still figuring this out.

That means the competitive advantage has not disappeared.

Start With the Work You Do Every Week

Small businesses do not need complicated AI strategies to begin.

Start by looking at tasks repeated every week.

For example:

  • Following up with potential customers
  • Answering frequently asked questions
  • Creating social media content
  • Writing email campaigns
  • Preparing proposals
  • Organizing meeting notes
  • Researching potential clients
  • Creating basic reports
  • Scheduling appointments
  • Reviewing customer feedback

Then ask:

Which of these activities can technology make faster without lowering the quality of the customer experience?

Saving 30 minutes once is useful.

Saving 30 minutes on a task performed every day can change the economics of a business.

Do Not Use AI Simply to Produce More Content

One of the easiest traps for entrepreneurs is using AI only to create more posts, emails and articles.

That is useful, but it is only the beginning.

A more important question is how technology can help the company produce more revenue.

Could AI help identify better prospects?

Could it shorten response times?

Could it improve customer follow-up?

Could it analyze why customers are leaving?

Could it help employees serve twice as many customers?

Those questions move AI from a content tool to a business-growth tool.

Protect the Human Advantage

Small companies possess something many large corporations spend millions trying to recreate:

personal connection.

Customers can often speak directly with the owner.

Employees know customers by name.

Decisions can be made quickly.

The business can adapt without going through several management levels.

Entrepreneurs should be careful not to automate away that advantage.

Use technology to eliminate unnecessary work so that people have more time for relationships, not less.

Think in 90-Day Business Cycles

This environment rewards entrepreneurs who move quickly.

Instead of creating a giant three-year technology plan, business owners can select one measurable goal for the next 90 days.

Increase leads.

Improve customer retention.

Reduce administrative time.

Increase sales conversions.

Improve profit margins.

Then identify two or three tools or processes that could help reach that specific goal.

Test them.

Measure the results.

Keep what works.

Remove what does not.

Then begin another 90-day cycle.

Small Businesses Can Still Move Faster Than Big Businesses

Large corporations may have more employees, larger budgets and massive technology departments.

Small businesses have another advantage.

They can move.

An entrepreneur can identify a problem Monday, test a solution Wednesday and change the entire process by Friday.

That ability to move quickly becomes extremely valuable when technology and economic conditions are changing this fast.

The small businesses that grow over the next several years will not necessarily be the ones spending the most money.

They will be the ones paying attention, protecting their cash, embracing useful technology and making better decisions faster than their competitors.

In 2026, being small does not have to be a disadvantage.

When combined with technology, focus and speed, it may become one of a company’s greatest advantages.

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Patricia Pearson Is Helping Entrepreneurs Turn Their Expertise Into Published Products

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Patricia “Coach Pat” Pearson is an AI Publishing Consultant, helping experts package their expertise into professional branded products that create both impact and income. Through her innovative approach to publishing and business strategy, she empowers entrepreneurs to turn their knowledge into journals, planners, guided workbooks, and other purpose driven products that elevate their visibility, strengthen their authority, and generate additional streams of revenue.

Known for her ability to blend purpose, strategy, and modern technology, Coach Pat has become a trusted voice for entrepreneurs who want to simplify the content creation process without losing authenticity. She teaches clients how to use artificial intelligence as a tool to organize ideas, sharpen messaging, and accelerate the publishing process. Rather than encouraging people to write lengthy traditional books, she focuses on helping them create practical products that directly serve their audience while positioning them as leaders in their industry.

Coach Pat’s work is rooted in the belief that every entrepreneur already possesses valuable wisdom capable of transforming lives. Her mission is to help clients recognize that their experiences, expertise, and insights can become meaningful products that leave a lasting impact. Through coaching, speaking engagements, publishing guidance, and educational resources, she helps purpose driven professionals package what they already know into tools that inspire, educate, and empower others.

Her warm and empowering coaching style has attracted entrepreneurs who desire clarity, confidence, and structure in bringing their ideas to life. Whether working with emerging coaches, established speakers, or service based business owners, Coach Pat equips clients with practical strategies that simplify the publishing journey while preserving the heart behind their message. She is passionate about helping leaders build brands that extend beyond services alone by creating products that strengthen legacy, expand influence, and increase long term opportunities.

At the center of Patricia Pearson’s work is a commitment to helping people move from uncertainty to execution. By combining innovation with intentionality, she continues to inspire entrepreneurs to embrace technology, share their knowledge boldly, and create products with purpose, profit, and meaningful influence.

Turning Expertise Into Branded Products With Purpose

Many entrepreneurs spend years building knowledge, solving problems, and serving people, but they often struggle to package that expertise into something tangible that can expand their brand. Patricia Pearson believes that too many professionals underestimate the value of what they already know. Through her coaching and publishing programs, she helps clients recognize that their knowledge can become products that educate, inspire, and generate long term income.

Coach Pat focuses on helping entrepreneurs create journals, planners, guided resources, and branded materials that provide value to their audience while reinforcing their authority in the marketplace. She teaches clients that publishing is no longer limited to writing a traditional book. Instead, entrepreneurs can develop practical products that meet the needs of their audience while also creating opportunities for visibility, credibility, and recurring revenue.

Her approach is centered on simplicity and execution. Many people delay publishing because they feel overwhelmed by the process or assume they need to spend years writing extensive content. Coach Pat removes that barrier by helping clients organize their ideas strategically and turn their expertise into products that can be created more efficiently. She believes that entrepreneurs already possess the information needed to create impactful resources and that the key is learning how to package it effectively.

What makes her work especially valuable is the way she connects branding with purpose. Every product is designed to align with the entrepreneur’s mission, audience, and long term goals. Rather than creating products simply to sell, Coach Pat teaches clients how to create resources that genuinely help people while strengthening their professional identity. By guiding entrepreneurs through the process of transforming knowledge into meaningful products, she helps them build businesses that are not only profitable but also influential and lasting.

Using AI to Simplify the Publishing Process

Artificial intelligence continues to reshape industries across the world, and Patricia Pearson has positioned herself at the forefront of helping entrepreneurs use AI strategically within publishing and content creation. While many professionals feel intimidated by technology, Coach Pat teaches clients how to embrace AI as a practical tool that simplifies the creative process without replacing authenticity or personal insight.

One of the most important lessons she shares is that AI should support expertise rather than replace it. According to Coach Pat, entrepreneurs already carry the wisdom, experiences, and ideas needed to serve their audience. AI simply helps organize those ideas faster, sharpen messaging, and remove some of the overwhelm that often prevents people from moving forward. This approach allows business owners to focus more on strategy, creativity, and impact instead of becoming stuck in perfectionism or confusion.

Her clients learn how to use AI to brainstorm ideas, structure content, develop outlines, and create branded publishing materials more efficiently. By introducing systems and tools that simplify execution, Coach Pat helps entrepreneurs save valuable time while increasing productivity. This is especially important for busy professionals who want to expand their business but struggle to balance content creation with client work and daily responsibilities.

Coach Pat also emphasizes that technology should never remove the personal connection between entrepreneurs and their audience. She encourages clients to maintain their unique voice, experiences, and perspective throughout the publishing process. AI becomes a resource that enhances efficiency while allowing the entrepreneur’s authenticity to remain at the center of the message.

As more businesses look for innovative ways to stand out in competitive industries, Patricia Pearson believes those who learn to combine technology with purpose will have a significant advantage. Her ability to make AI approachable and practical has helped many entrepreneurs gain confidence in using modern tools to bring their ideas to life faster while maintaining the integrity of their brand.

Building Visibility, Authority, and Additional Revenue Streams

For many entrepreneurs, visibility and credibility are essential to long term business growth. Patricia Pearson teaches clients that creating branded publishing products is one of the most effective ways to establish authority while opening doors to new opportunities. Through journals, planners, guided resources, and educational materials, entrepreneurs can position themselves as trusted experts while creating additional income streams that extend beyond one on one services.

Coach Pat believes that too many professionals rely solely on service based income, which can limit both growth and scalability. By creating products connected to their expertise, entrepreneurs gain the ability to serve more people while increasing brand exposure in a meaningful way. A planner, workbook, or guided journal can continue working for the entrepreneur long after it has been created, helping build recognition and influence over time.

Another major advantage of publishing products is the ability to strengthen audience connection. Coach Pat encourages entrepreneurs to think about the transformation their audience needs and then create resources that help guide them through that journey. Instead of focusing only on promotion, she teaches clients to prioritize service and value. This creates stronger trust with customers while increasing the likelihood of long term loyalty and engagement.

In addition to generating income, published products also create opportunities for speaking engagements, coaching programs, workshops, and partnerships. Coach Pat explains that a well branded product becomes more than an item to sell. It becomes a representation of expertise, professionalism, and leadership. This expanded visibility can lead to greater recognition within an industry and position entrepreneurs for future growth.

Her work continues to inspire purpose driven professionals to think beyond traditional business models and recognize the power of their own intellectual property. By helping entrepreneurs transform knowledge into products with practical value, Coach Pat is equipping leaders to build businesses that create both financial growth and lasting impact.

Creating a Legacy Through Knowledge and Service

At the heart of Patricia Pearson’s work is a commitment to helping entrepreneurs create something that extends far beyond financial success. She believes that knowledge carries the power to influence generations, and she encourages clients to view publishing as an opportunity to leave a meaningful legacy. Through every journal, planner, workbook, and guided product created, entrepreneurs have the chance to preserve their experiences, lessons, and insights in a way that continues serving people long into the future.

Coach Pat often reminds clients that many people are waiting for the exact wisdom they already possess. Whether someone has overcome personal challenges, developed business expertise, or discovered systems that create transformation, those experiences can become valuable resources that help others navigate similar journeys. By packaging knowledge intentionally, entrepreneurs can multiply their impact while building something that reflects their purpose and values.

Legacy, according to Coach Pat, is not only about recognition. It is about contribution. She teaches entrepreneurs to think about how their work can educate, encourage, and empower people beyond immediate business transactions. This mindset shifts the focus from simply creating products to creating meaningful tools that genuinely improve lives.

Her passion for helping others step into greater confidence is reflected in the way she coaches and mentors clients. Many entrepreneurs begin the publishing process uncertain about whether their ideas are valuable enough to share. Coach Pat helps them recognize that authenticity, lived experience, and practical knowledge carry tremendous value when presented with clarity and purpose.

As entrepreneurship continues evolving in the digital age, Patricia Pearson remains committed to helping leaders use innovation responsibly while staying connected to their mission. Through her work as an AI Publishing Consultant, coach, and author, she is helping entrepreneurs create products that generate income, strengthen influence, and leave a lasting legacy rooted in service, empowerment, and transformation.

Contact Information

Email: ppearsonllc@gmail.com

Website: yourknowledgepays.com 

Facebook: CoachPatPearson

Instagram: @CoachPatPearson

LinkedIn: Coach Pat Pearson

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