Impact of Inflation on Small Businesses

According to a survey by SumUp, 92% of small business owners say inflation has negatively impacted their businesses in the past 24 months, and 81% have adjusted their prices accordingly. Less than half said their strategies have been effective to address the challenges posed by inflation, and 75% expect their business growth or profitability to be negatively impacted by inflation in 2025. How are you handling inflation in 2025? #IdeaoftheDay

Check out today’s new blog post!