Articles | Open Access | DOI: https://doi.org/10.55640/eijmrms-04-12-13

THE IMPACT OF INFLATION ON SMALL BUSINESSES

Mavlonov Sobir , Target International school, Uzbekistan

Abstract

Inflation is when the prices of goods and services increase over time. This impacts everyone, but small businesses face special challenges. They must deal with higher costs, changes in customer behavior, and difficulties keeping profits steady. This article explains how inflation affects small businesses in simple words and offers easy solutions, like saving money, using technology, and building customer loyalty.

Keywords

Inflation, rising costs, small businesses

References

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How to Cite

Mavlonov Sobir. (2024). THE IMPACT OF INFLATION ON SMALL BUSINESSES. European International Journal of Multidisciplinary Research and Management Studies, 4(12), 73–77. https://doi.org/10.55640/eijmrms-04-12-13