While the world is beginning to return to a sense of normalcy as the effects of the pandemic wane, the business world still faces a plethora of challenges. Business owners who worked tirelessly to survive the impacts of the pandemic are now facing rising interest rates, inflation and more.
As we wade through these challenges, businesses may need to prepare for a possible economic downturn or recession as the Federal Reserve continues to work to combat inflation.
Below are some key financial considerations…