This news item is linked to another set of items. While it begins with rent-payment woes, it goes on:
...As The Center Square previously reported, the survey found 51% of small businesses fear that rising prices could “force them to close their businesses within the next six months.” In particular, restaurant owners are concerned with 72% saying they are worried.
That concern is not new. An April poll from NEXT Insurance reported that many small businesses have considering shutting down because of inflation.
“According to a new survey by NEXT Insurance, small business owners across the United States are frustrated and stressed about inflation and the state of the economy,” the group said. “More than one-third have considered shutting down in the last 12 months. As prices continue to rise and supply chains continue to falter, many small business owners have been forced to work longer hours, raise prices, and even cut their own salaries just to stay afloat, our survey found. And a majority of small business owners believe the pain isn’t over".
With that in mind, the recent jump in fires/explosions at food-processing plants is easier to explain. Margin, volume, and supply challenges since the pandemic and its lockdowns have been present, but they are not typically reported on by Teh Nooz, nor spoken about by ownership.
Remember that saying that 'Bankruptcy happens very slowly at first, then all of a sudden'?
Look a bit deeper into all those events.
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