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Almost two-thirds of small and mid-size business owners say they plan to increase prices next year as nearly all wrangle with inflation hitting their operations, a Bank of America report finds, yet many owners still expect higher revenue and plan to expand in the year ahead.
Despite mounting pressure from tariffs and rising costs, small businesses remain “cautiously optimistic,” according to a Bank of America report.
www.forbes.com
Most Small Businesses Planning Price Hikes As Inflation Escalates, Report Finds
6mo
Forbes