There’s quite a lot to keep in mind when it comes to high inflation and small businesses. It’s important to know that small businesses have an obligation to provide service to their customers, but this gets a lot more difficult to do when inflation is higher. Considering that right now, in the UK, we are experiencing a period of high inflation, it’s important to recognise what the impacts can be on a small business. Hopefully, when you know what to expect, it’s easier to make plans to deal with these problems.
What does high inflation mean?
