Inflation is here. Plan ahead and protect your business with these 3 strategies

Skyrocketing inflation and resource scarcity prompted by the pandemic are top of mind for many business owners. The spike in material costs and the shortage of goods and labor now coupled with the expected rise in interest rates can have serious repercussions across businesses and industries nationwide. Fortunately, with foresight and flexibility, business owners can minimize the sting of surging prices and supply chain bottlenecks. Taking action and remaining nimble amid uncertainty can help you…