Small Business Will Suffer Higher Prices the Most

Small Business Will Suffer Higher Prices the Most
(AP Photo/Mark Humphrey)

A ticking time bomb has been created by government mismanagement and it’s headed straight for your small business. It’s record-high inflation, blowing up budgets worldwide. This bomb is about to detonate and take out countless American small businesses just like yours in the coming weeks. 

With high inflation, consumers will once again be forced to choose between supporting local businesses or the convenience and low prices of big companies like Amazon and Walmart. As prices of gas, groceries, and other necessities skyrocket, American consumers are going to tighten up their budgets and shift their discretionary spending to paying for the price hikes (or begin racking up dangerous credit card debt, as interest rates rise). 

 

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