3 Takeaways for Business Owners in Light of the Federal Interest Rate Hikes | Entrepreneur
Citing Pepperdine Private Capital Index Data, Dr. Craig Everett Weighs in on Factors Affecting U.S. Businesses
As a guest writer for Entrepreneur, Craig R. Everett, PhD, advises business owners on federal interest rate hikes. Dr. Everett is Assistant Professor of Finance and Director of the Pepperdine Private Capital Markets Project at the Pepperdine Graziadio Business School.
With additional rate increases anticipated, Dr. Everett says small business owners should keep the potential impact of rate hikes in mind as they consider hiring and expanding over the following year. His three primary take-aways are:
1) Base operational decisions on contracts that are signed, not those that are anticipated.
2) Monitor economic growth to ascertain likely timing for future rate increases.
3) Consider alternative forms of financing.
Dr. Everett goes into detail on each in his Entrepreneur piece.