MARCH 2022

Quarterly State of Small Business Report

Grappling with Inflation Pressures

Inflation can impact many sides of a business, creeping into the cost of sourcing goods and materials, the cost of labor, the benefits businesses can provide workers, and even what businesses can offer their customers. We explore current perspectives and actions being taken to mitigate these effects.

About the report

The report focuses on how businesses are being impacted by higher than average inflation and what actions they are taking (or not taking)-–as well as their outlook and expectations for 2022 and beyond.

About Veem

Veem is a next-generation platform for business-to-business payments. With our unique multi-rail technology, Veem enables businesses to send and receive payments in local currencies across a global network. Our mission is to innovate and improve the outdated payments industry by building a new user-focused financial ecosystem that services small businesses globally.