Consumers are sensitive to price changes. And many are feeling the squeeze these days. Small business owners are also facing this pressure, but at a much larger scale. As a small business owner in Michigan, you know that you can only charge so much for products or services before customers seek more cost-effective alternatives. Yet, […]

Did you know that interest rates move in lockstep with the Fed’s rates? The Fed’s key borrowing rate acts as a benchmark for other loans. So when their rates increase, so do yours. In the past year, existing rates have led to tighter lending restrictions for nearly everyone seeking a loan. For instance, the Fed […]