The U.S. Federal Reserve Board is trying to tame inflation. However, the Board’s recent rate hikes have likely contributed to tipping the economy into recession, according to economic experts. Fighting back to keep your business stable, or perhaps even growing amid this uncertainty, should be the top priority of every linen, uniform and facility services business owner and manager. The question is: How do these developments impact a business and how can a laundry operator effectively respond?

Inflation refers to rising prices for goods and services. Inflation occurs when prices rise due to increases in production costs, wages, goods shortages ...