According to the Boston Globe, small businesses are already experiencing signs of recession.

President Biden and Federal Reserve chair Jerome Powell insist the country can avoid a recession, but don’t try telling that to small business owners already facing sliding sales amid soaring inflation

Loans aren’t the only funding source available to small businesses, reports Forbes.

Capital is one of the greatest needs for all small business owners, especially entrepreneurs of color. Borrowing isn’t always the optimal way to finance your business. 

Small business confidence dipped during May, reports Reuters.

U.S. small-business confidence edged down in May as worries about high inflation persisted, according to a survey on Tuesday, which also showed demand for labor remained strong despite rising interest rates and tighter financial conditions.