As an entrepreneur, it’s important to stay in the know about current events and how they can impact your business. One of the most discussed business headlines recently has been the Federal Reserve interest rate hike.

The National Bureau of Economic Research (NBER) defines a recession as, “a significant decline in economic activity that is spread across the economy and lasts more than a few months”. Unfortunately, economists have been warning of the potential for a recession in the not-so-distant future.

Between finding ways to cope with the impact of inflation, ongoing supply chain issues, and struggling to find and retain employees amid the Great Resignation, small business owners have had their fair share of hardships in recent months. Not surprisingly, the NFIB’s Small Business Optimism Index decreased in March 2022 by 2.4 points, making it the third consecutive month below the 48-year average of 98.

This month marks 2 years since the first shutdown due to the COVID-19 pandemic. Over the past 24 months, business owners have faced everchanging mandates and restrictions, hiring struggles due to the Great Resignation, supply chain disruptions, inflation, and soaring gas prices.

CapFront is proud to announce that we have recently surpassed a milestone 1,000 deals funded, equating to over $50,000,000 secured for small business owners.

A recent study by the NFIB found that an astounding 22% of business owners report inflation as the biggest problem in operating their business. This percentage is at the highest level it has been since Q4 of 1981.

A recent study by the NFIB found that an astounding 22% of business owners report inflation as the biggest problem in operating their business. This percentage is at the highest level it has been since Q4 of 1981.

Not sure if your business qualifies for the Federal Employee Retention Credit (ERC)? Learn more about eligibility below.

Thinking about moving your existing brick-and-mortar business online?

Many small business owners and CEOs alike are wondering whether the U.S. is set for another recession. Learn more about the small business optimism index here.