Steve Bernas

In today’s unpredictable economic climate, many small business owners are struggling to maintain stability amid inflation and fluctuating costs.

With rates hovering around 3% and no clear direction on where they’ll go next, inflation has become a critical concern.

The U.S. Bureau of Labor Statistics points to increases in food, shelter and energy costs; supply chain disruptions; and labor shortages as primary drivers. These forces squeeze profit margins, requiring businesses to adapt quickly to stay profitable.

The Better Business Bureau (BBB) offers actionable strategies to help small business owners navigate this economic uncertainty.

Key among them is reducing expenses. Business owners should closely examine their current spending to ensure it aligns with strategic goa

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