The pandemic had a huge impact on small businesses, but fortunately, they had access to Paycheck Protection Program (PPP) loans to help keep them afloat during these unprecedented times. However, now, the Federal Reserve is increasing interest rates to slow inflation and at least 70% of small business owners are expressing concern over the rising interest rates. There is an old saying: “Timing is everything.” Interest rates impact every business differently. Have you been in!
The post Here’s how small businesses can cope with inflation appeared first on AZ Big Media.
