Small business owners anticipate fallout from Middle East conflict

A new Ifop-Fiducial survey shows 82 percent of very small business leaders are concerned about the impact of the war in Iran and other global crises on their operations.

Two months after the start of the war in Iran, direct effects remain limited for French very small businesses. Yet concern runs high: 82 percent of surveyed leaders anticipate negative repercussions from the Middle East conflict, the war in Ukraine, and US trade policy.

The Ifop-Fiducial barometer published on May 11, 2026, finds that 90 percent of directors have not hired since the start of the year. Concrete impacts are not yet visible, but caution prevails.

“They are trying to do their best and adapt,” the survey headline states. Small business owners seek to limit risks without making major changes to their plans.

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