Inflationary pressures, labor market challenges, and various headwinds have forced small businesses to walk a tightrope over the past several years. Tight margins across industries mean many small businesses operate with lean discipline, and that means uncontrollable events that influence costs, production capacity or cash flow can spell hardship or possible closure for a struggling Main Street business. Add to this mix various harmful government policies being advanced or pursued at the federal level. Many of these could spell life or death for a small business or certain business models, as many new regulations carry unintended downstream effects.
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