The Federal Reserve has approved another quarter-point increase in interest rates but has signaled that financial turmoil may end its rate-hike campaign sooner than anticipated. This is the ninth consecutive increase in interest rates since last year to combat increased inflation. The new benchmark federal-funds rate range is now at 4.75% to 5% the highest …
FEDERAL RESERVE APPROVES NINTH INCREASE IN INTEREST RATES Read More »
39% of businesses sold in 2022 were service businesses, showing high demand for what are often seen as low-risk options…
Selling a business is a big decision, utilizing a business broker to help with the sale can help increase the chances of a successful sale…
Holidays are a busy time of the year for most businesses, but with cyberattacks increasing 64% compared to last year culminating in more than $6.9 billion in potential losses, small to medium-sized businesses can help safeguard their business in a few easy steps. One thing the FBI does not encourage is paying any ransom requested …
INCREASE IN CYBERATTACKS AGAINST SMALL BUSINESSES Read More »
There is an increasing concern among small business owners about how inflation will affect the cost of doing business, including the possibility of higher overhead costs, inventory reductions, a reduction in marketing budgets, or an increase in the cost of services or merchandise to offset inflationary costs. There are ways to prepare and adapt to rising inflation costs as a …
