Inflation is the top challenge for small business: Chase for Business CEO

Sticky inflation is the biggest challenge facing small business owners, Chase for Business CEO Ben Walter told Yahoo Finance during the company's Make Your Move Summit in Frisco, Texas.

“Margins in our business are notoriously thin, and they’re getting thinner and thinner by the day,” Noonan remarked to Yahoo Finance. And the issue is widespread — far beyond the restaurant and food industry. Nearly 80% of small business owners say their expenses have increased by 6% or more, according to Chase’s Midyear Business Leaders Outlook. In response to higher costs, raising prices on products and cutting expenses top the list of ways entrepreneurs are trying to limit the effects.

A Ukrainian captain said strikes probably "significantly damaged" the missile carrier Askold, which hadn't even joined the Russian fleet yet.Kris Jenner rocks an ’80s high-leg pink bikini in throwback video

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Canada’s productivity lag could be helped by getting AI in to small businessDespite all the buzz around AI in the past year or so, most Canadian businesses are in no hurry to jump on board
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »