Revelations 18:23 ‘For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

• Survey: A third of U.S. small businesses can’t pay rent because of inflation
• 35% of U.S. small business owners “could not pay their rent in full or on time in June.”
• “Most small business owners attribute this worsening situation to record-breaking inflation, which includes escalating gas, labor, and supply costs,” Alignable said. “Simply put, there’s less money available to pay the rent.”
• According to the survey, rent increased for 48% of small businesses this month. Meanwhile, rent delinquencies have continued to increase all year.
• A different survey found that 51 percent of all small businesses owners in the U.S. believe that rising prices could “force them to close their businesses within the next six months.”

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