Rising car prices and higher interest rates make it much harder for many Americans to buy a new vehicle than in years past. According to a new report, demand for used vehicles will likely continue rising as many consumers turn away from the new car market. However, as consumers have shifted their … [Read more...]
How the Restaurant Labor Shortage is Reshaping the Service Industry
Ongoing labor shortages have been widespread, affecting many industries, but they are particularly prominent in restaurants. Despite projections that the workforce in the restaurant industry is estimated to grow by 500,000 jobs by the end of this year, 32% of restaurants say they are facing moderate … [Read more...]
3 Ways Small Automotive Operations are Protecting Their Business This Year
Concerns over rising inflation continued supply chain disruptions, and ongoing hiring difficulties have proven to be persisting challenges that countless businesses still have to face. Yet, many business owners are optimistic about the future, and despite lingering threats, there are steps small … [Read more...]
Top 3 Inflation-Fighting Strategies For Small Businesses
Inflation may be a global problem caused by factors such as labor shortages and supply chain disruptions, but it is also one that is particularly detrimental to small-business owners. While businesses of all sizes are seeing rising costs across the board for everything from raw ingredients to labor, … [Read more...]