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By Nathan Liao, CMA Exam Academy
As a company owner, you have likely been dealing with all the effects of inflation as of late — the prices of raw materials have skyrocketed, shipping costs are way higher than usual, business commutes now weigh much heavier on your bottom line due to astronomical gas prices, and the list goes on. You have likely been hoping for a respite from it all, but, unfortunately, there may be another big problem on the horizon: a possible recession.
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