Small Businesses Navigating Mounting Economic Challenges

Don Ma
By Don Ma
April 9, 2024Business Matters

With small business sentiment reaching a new low, NTD spoke to Nicole Wolter, president of HM Manufacturing, to get a better idea of what owners are up against. Challenges include a skilled labor shortage, a rise in material and energy costs, stubbornly high inflation, and more. Ms. Wolter explains how the company pivoted in a slow-growth market and how she is staying optimistic.


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