Small business chapter 11 bankruptcy filings were up 36% year-over-year in May.
It’s not just small businesses, though the other deltas are smaller.
Insight of note:
The trend highlights the cumulative impact of elevated interest rates, persistent inflation, and higher operating costs. As access to affordable credit remains constrained, more businesses and consumers are turning to restructuring tools to stabilize and reset financially.
A persistent erosion of wallets and moods as the high tide of prices continues to rise.
A lot of thought goes into starting something.
Getting the pieces in place.
The details hammered out.
The ball rolling.
Sometimes a lot less thought is put into how to end something.
Going from 0-60 is the sexy part.
But at some point we need to get back down to 0.
Weekend Listen 🎧: The Future of Podcasting
A self-recommending listen for podcast nerds. But well worth a listen even if you’re not.
Curious ears will hear:
- the economics of media
- how Disney uses art to sell commerce
- the starting filter
- where the power lies in markets
- why audience quality > audience quantity
Doing something with care attracts people who care.
