The United States experienced historic inflation in 2022, and it paved the way for the surge of price increases that followed into 2023. Meanwhile, people continue to become entrepreneurs. According to the U.S. Census Bureau, over 5 million applications were filed to form new businesses in 2022. And now, many of these companies are facing an impending recession—or an economic squeeze at the very least.
For these fledgling startups, it’s important to proactively combat the rippling effects of inflation to stay afloat. From reassessing margins to cutting costs, the following inflation tips can help startups and entrepreneurs lessen the impact of economic headwinds.
Dispatches From The Front 