Small business owners may want to brace themselves as new insights from the latest CNBC SurveyMonkey Small Business Index reveal a consistency in inflation concerns. 71% of respondents believe that prices will continue to rise, many of them are disturbed by the different threat inflation and yields. It has increased by 66% in the previous … Read more
September reported renewed concerns among entrepreneurs for small business confidence, inflation, supply chains and hiring. According to the latest report from the Federation of Independent Business (NFIB), the small business optimism index fell two points to 98.8 – the first drop in three months – although it remained above the survey’s 52-year average of 98. … Read more
For a business to be successful, it is important for its owners to understand the factors that can affect their income. One of these main factors is inflation. The Federal Reserve is targeting an annual inflation rate of 2%. However, this rate currently stands at 8.6%. Inflation is the result of broader economic trends in … Read more