Posted on 08/22/2022 7:45:26 AM PDT by RomanSoldier19
Every industry is being impacted by inflated costs, but retailers seem to be getting it the worst.
Retail Dive recently reported that according to recent report findings by Alignable, a referral network for small business owners, the industry is poised to lose more than half of their companies.
Per the findings, nearly half of small business owners, including 59% of retailers, shared they’re at risk of shutting down before winter, a jump from 12% from the 35% that said the same a year ago.
It looks even more troubling for minority-owned businesses (52% could be shuttered by fall) and women-owned businesses (53%). It looks like those in certain parts of the country are more susceptible to financial struggle. Small retailers in Colorado, Michigan, Ohio, Pennsylvania, Texas, North Carolina, California, Illinois, Florida, New York, New Jersey and Georgia, are at significant risk.
(Excerpt) Read more at essence.com ...
Want to make a small fortune?
Start with a large fortune and open a restaurant.
That’s the idea isn’t it.....to force people to be as dependent on the federal government as humanly possible?
Easier to control that way.
They only need to collect halfthe taxes as they once did.
They can simply print the rest.
Especially since every dollar spent nets $1.50.
BTW not a good time to be a honest working poor person with kids. IOW “the little guy”
The US cavalier attitude toward the value of the Dollar will accelerate the migration away. The world relies on oil and transactions are mostly completed in US dollars. Our monkeying with the worth of the dollar IS causing world prices to increase. If the world abandons the US dollar, we are ultra screwed.
They’re trying to finish off the businesses that managed to survive CCP virus.😡
The collapse of the USD? have you not looked at currencies this year? The dollar is having a record year and is up again today big! Which currency do you think is going to replace the dollar?
when you go out to eat
do you patronize the chain or the local storefront restaurant?
when you go grocery shopping
do you look for local/generic brands or do you buy the national name brands?
when you watch tv
are you paying for LEFTIST channels that you never watch or have you cut your cable tv?
we have the power
we just have to use it
if we want to disrupt the system
we have to disrupt our lives
and they haven’t even gotten their first heating bill yet...
The majority of them voted for Brandon to hire 87,000 more IRS agents. Many fledgling businesses can not survive an audit.
https://clicks.aweber.com/y/ct/?l=Dq6yu&m=3jCgDTmYT.6cBfA&b=0xFVAyiRGJ0.dRwP0BiaOg
Please let me know what you think if you care to watch this.
You are right.
“The collapse of the Dollar is most worrisome.”
No, it’s not. The Dollar is easily the best horse in the glue factory.
We still have potatoes? (semi satire)
The opposite was happening under DJT.
The sky is falling crowd have called 33 of the last 2 recessions. Gold and silver are down this year and this guy’s job is tied to gold and silver, hardly unbiased at all. I own some gold and silver - roughly $40k worth - but it’s not going to save you even if their is a collapse (which is very unlikely). Take those collapse articles with a huge grain of salt. Diversification is good - cash, bonds, metal, stocks (VTI), guns, etc.
I just took a close look at my electric bill (CT).
The cost per kw hour went up by 30% year over year.
10% inflation?
Nope.
That is one more issue for small business.
Good points.
We can hope so.
100%
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