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This episode Kevin discusses the impact of fluctuating interest rates on businesses and provides strategies to navigate these changes. Kevin, also introduces the concept of the CFO Interest Shield™️, which includes customer financing, financial planning & risk management, and operational efficiency. These strategies aim to mitigate the negative consequences of higher borrowing costs and ensure business stability.

Takeaways

• Fluctuating interest rates can have a significant impact on businesses, affecting borrowing costs and consumer spending.
• Implementing customer financing options, such as fixed rate loans, can help customers afford products and services even during periods of high interest rates.
• Financial planning and risk management strategies, such as interest rate hedging and opting for fixed rate loans, can protect businesses against interest rate increases.
• Optimising operational efficiency and investing in technology can help reduce costs and maintain profitability despite fluctuating interest rates.

Keywords
interest rates, business owners, fluctuation, borrowing costs, customer financing, financial planning, risk management, operational efficiency

The KBB Unstoppable Business Owner podcast is sponsored by KBN - Kitchens & Bathrooms NewsTHE business magazine for kitchen and bathroom professionals.

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