Sometimes the spending is to stay afloat in a competitive market. And sometimes it’s to take advantage of new opportunities.

Small business owners are to grappling with staffing shortages, supply chain issues and higher costs.

“No company wants to say no to growth, but there is another side to that,” said Farmgirl Flowers CEO Christina Stembel.

Just 3% say they’re feeling bullish enough to borrow money, despite interest rates near historic lows.