Inflation continues to be a major concern for many small business owners across the United States. Much like during the pandemic, many are struggling to adapt to rising costs and pressures on profitability.
In Megaphone of Main Street: Inflation & the Economy, SCORE, a national organization of business mentors, surveyed 1,000 small business owners about their current concerns about the economy and inflation. Nearly a third (30.5%) of small business owners list inflation as a top concern and another 62.5% are “generally concerned” about inflation as they keep an eye on rising prices.
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