Reported about 1 year ago
According to the National Federation of Independent Business (NFIB), small business optimism has seen a slight uptick but remains lower than pre-COVID levels. Despite facing challenges like inflation and labor shortages, Holly Wade from the NFIB Research Center suggests that small business owners should focus on strategically adjusting product prices to retain customers. This advice comes amidst ongoing difficulties in hiring and dealing with rising costs. For more insights and market updates, watch the full episode of Wealth for expert analysis.
Source: YAHOO