October 1st signals the beginning of Q4 -- a quarter many businesses rely on to drive their profitability. So, what are your predictions for Q4 and your business? Will it be the best quarter ever? Will it be okay, and you'll get by? Or are you worried it won't generate enough business for your company to keep going? Please take our one-question poll and let us know. And feel free to post your thoughts in the comment section below. If you want to continue this discussion beyond this post, you should join our Ask SMB Owners Anything Group here.
I expect it will be the best quarter ever for me.
28% (547 Votes)
28%
I anticipate it will be the best quarter for me this year, as it always is.
12% (235 Votes)
12%
I need it to be the best quarter of 2023, or my business will be in trouble.
10% (203 Votes)
10%
I think it'll be okay, but not great.
19% (384 Votes)
19%
I have no idea what Q4 will bring, given the economy.
15% (305 Votes)
15%
If interest rates go up again this year, Q4 will be very rough for me.
6% (112 Votes)
6%
If the UAW strike goes on too long, Q4 could be our worst quarter in 2023.
1% (25 Votes)
1%
I'm afraid my sales in Q4 won't be high enough for my business to stay afloat.
4% (73 Votes)
4%
I'm planning on shutting down my business in Q4.
1% (18 Votes)
1%
I've already closed my business.
1% (28 Votes)
1%
Other. (Please explain in the comments).
3% (54 Votes)
3%
120 Comments
15k Views
Answers (1-10)
I am hoping the last quarter is great but with summer ending less people will be listing their homes and that is the biggest problem in our industry is very low inventory. We need more homes and the Feds to stop raising rates. People don’t realize that buying a home now that their interest rate is only temporary. Rates will come back down and they can refinance in a year or two and we at Guild give our clients a 5 year guarantee so if they refinance we waive all of our closing fees if they do it within the next 5 years. Now is the best time to list to get the most out of your house as long as you have a contract on another one. If people understood this my last quarter would be fantastic!
I have a deal using SBA-backed financing that we are expecting to close on Friday. There is also a buyer who will probably use a HELOC for one of my lower-priced listings. But my biggest deal that I have in progress will be an all-cash transaction for $900,000. Fortunately none of these will be delayed by a potential government shutdown!
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I am still recovering from the Covid19 Pandemic and it reflects on the amount of business at this moment in time. My Clients and Customers are still cautious on Spending as am I. I still remain optimistic and hopeful for 2024!
I wish you all the best success upcoming🎶
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In my business timing is everything. So as long as things are progressing the way I want them to the 4th quarter will be significant as far as revenue for me or it will be set up so the beginning of next year will be prosperous for me.
Commercial Real Estate in North Carolina is a very strong market, even with the impact of rising interest rates.
I am doing more work for more pay with my current client and I have a couple of more potential clients before the end of the year.
I expect business to pick up after summer/early fall travels. But my beat quarter is traditionally the first quarter of the year.
I'm just getting my business up and running. Hopes are high. Thanks.
Often the last quarter of the year is a healthy one in southwest Florida. With the exception of a hurricane mind you, and a spike in the interest rate. We are looking forward to some sales and turnover in our little slice of paradise.