The effects of rising gas prices are easy to feel when you’re filling up at the pump, but there are also ways in which these price hikes are affecting small businesses. In turn, businesses often have to make a series of decisions, sometimes difficult, to make up for those costs and maintain operations. Logistics and…

It’s no secret that the supply chain has been experiencing issues that have caused delays and lack of inventory across the board. Dealing with supply chain issues is particularly difficult for small businesses as it can have a devastating effect on their operations and clientele. Although it can be incredibly stressful to keep up with…

Inflation is rising again — in fact, it rose 7.9 percent in February 2022, which is the highest level since 1982 according to the Bureau of Labor Statistics. Most of us are experiencing the impact of these changes in our everyday lives, but there are certain ways you can cut costs and save money during…

If you are running a small business, it’s important to be familiar with your cash flow and track and analyze it to know how liquid your business is. Let’s start with the basics . . . what is cash flow? Cash flow is the amount of cash (and cash equivalents, such as stocks and bonds)…

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