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Anthony J. Bardi
Registered Representative
Enrolled Agent, LTC# 454
Tax and Financial Solutions, Inc.
151 SE 223rd Avenue
Gresham, OR 97030
Phone: 503-666-7909
March/April 2023
Business Owners Strive to Counter Inflation
In Fall 2022, the U.S. Chamber of Commerce Small Business Index listed the impact of inflation as a major concern of 90% of small business owners. Business owners who consider inflation a significant challenge to growth and profits may want to take steps to counter its effects.
What about Cash?
Because supplies and labor are more expensive, your business’s profit margins are likely shrinking. While there’s nothing you can do about inflation, investing some of your cash to stay ahead of rising market prices may be a smart move. Your financial professional can recommend appropriate investments.Judicious Moves
While you want to maintain a good rapport with vendors be cautious about making loans and extending lines of credit. Keep a close eye on spending and expenses. Proceed cautiously with any new strategies you’re implementing, while ensuring that products move to market at a reasonable pace.Insurance Review
Outdated insurance coverage limits could make it impossible to recover from a major loss. Review your insurance policies.CONTACT US
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Tax and Financial Solutions, Inc. and LTM Client Marketing are unrelated companies. This newsletter was created by LTM Client Marketing and was not written or created by the named financial professional and does not necessarily represent the views and opinions of Avantax Wealth Management® or its subsidiaries.
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