Tips for Small Businesses Seeking Loans in the Face of Inflation
As inflation extends its hold on US small businesses with no end in sight, many owners are reaching their tipping points. In fact, a recent Small Business Survey found that nearly 80% of small business owners have already begun passing on costs to customers or will soon. Another shows that 48% of small business owners who said inflation was their biggest concern have less than three months of cash reserves on hand.
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