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Nearly Half of Small Business Owners Feel Trapped in Their Businesses

Nearly half of U.S. small business owners feel trapped in their businesses, according to a recent report.

The survey comes from the low-code AI integration platform Latenode and includes responses from 3,000 business owners around the U.S. Researchers found that 45 percent of surveyed small business owners may want to quit but feel trapped running their businesses.

Of those business owners, 37 percent said they feel like they can’t quit because they feel an emotional attachment to their business, while 25 percent said they are financially dependent on their businesses, 20 percent said they face economic barriers to selling at a profit, and 19 percent cited a lack of suitable buyers.

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