📺 Stream EntrepreneurTV for Free 📺

Small Businesses Are Preparing for an Uncertain Holiday Season Small business owners are preparing earlier than usual for the holidays to mitigate any obstacles regarding supply chain and shortages.

By Madeline Garfinkle

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Betsie Van der Meer | Getty Images

With inflation still at startling highs, small businesses are anticipating a decrease in sales this holiday season, which has promoted many to start their holiday orders now to avoid any lingering issues.

Mark Rhodes, CEO of the online marketplace, Faire, told AP News he's seen an increased number of merchants doing early orders to avoid supply chain delays and shortages. Still, while vendors do their best to prepare for the holiday season, the state of spending remains uncertain this year.

According to the data group Numerator, during Amazon's two-day Prime event on October 11-12, the average order was $13 less than it was last year, signaling more cautious spending.

Related: 6 Ways Brands Can Prepare For the Holiday Season Right Now

"The one thing we're certain of is it's not going to be predictable … We really don't know what to expect and our retailers feel the same way," Rhodes told the AP.

Vendors are also preparing for the transition from online to in-store shopping. While the pandemic caused a surge in e-commerce sales, several small business owners told the AP that they are prioritizing in-person shopping this year as online sales have slowed.

Mariana Leung-Weinstein, who sells booze-infused jam and marshmallows, told the AP that she's stocking up in retail stores early this year in the event of stagnant online traffic.

"I expect people will enjoy seeing and touching things in person this time around, which puts more of my focus in getting my products in physical stores in time for the holidays," she told the outlet.

While it's too early to determine sales data for this holiday season, one thing's for certain: small businesses are doing everything they can to stay afloat.

Related: Your Holiday Shipping Is About to Get a Lot More Expensive as USPS Jacks Up Prices

Madeline Garfinkle

News Writer

Madeline Garfinkle is a News Writer at Entrepreneur.com. She is a graduate from Syracuse University, and received an MFA from Columbia University. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Employee Experience & Recruiting

Feed Your Company Spirit with This $200 Restaurant.com eGift Card That's Only $35

Use it at thousands of restaurants around the U.S.

Living

Show Mom You Love Her with Two Dozen Roses for $25

Rose Farmers is offering a limited-time deal on delivered roses for Mother's Day.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Money & Finance

12 Books That Self-Made Millionaires Swear By

The bookshelves of millionaires can inspire you to build your wealth. Here are 12 must-reads they recommend.

Green Entrepreneur®

A Deer Invasion in Hawaii Has Turned Into an Environmental Crisis—And a Sustainable Business Opportunity

How Maui Nui Venison built a for-profit harvesting business that protects the land and helps the local community.

Data & Recovery

Get 500GB of Lifetime Cloud Storage for a One-Time $120 Payment

Boost your bottom line by getting an enormous amount of cloud storage for life without recurring fees.