Everything is more expensive this year. With record-setting inflation hitting all of our wallets, how can Small Business owners manage increasing supply costs while still keeping their customers happy?
We included some tips about managing inflation in episode 351 back in October, but with inflation sticking around longer than first anticipated, it’s worth revisiting and expanding on that topic. The Producer Price Index rose to 9.6% year-over-year, the largest increase in history. Let’s figure this out together on episode 360 of The Small Business Show with your hosts Dave Hamilton and Shannon Jean.
00:00:00 Small Business Show #360 for Wednesday, December 29, 2021
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00:11:37 Managing Inflation and Do you need to Raise Your Prices
Producer Price Index Rose 9.6% year-over-year
Meet (and manage!) price expectations, and offer a value-add for a little more
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