When Not Raising Your Shop's Prices Becomes the Bigger Risk
A lot of shop owners treat a price increase like something they have to justify to themselves before they can justify it to a customer. So they wait....
Are we heading into another recession in 2024 or 2025? There are signs, but even if that isn’t the case it never hurts to have a plan. Don’t be caught off guard like so many small businesses in 2009. On this episode of Kaizen Time, Eric goes into detail about the steps you can take to weather the storm. Like so many businesses that survive, they come out stronger afterwards.
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YPD HCM is part of the Kaizen CPAs family. YPD HCM specializes in payroll and HR compliance for small businesses, providing the hands-on support to get your people paid and stay compliant without having to become an expert yourself.
The information in this article is provided for general educational purposes and reflects conditions as of the publication date. It does not constitute legal, tax, or compliance advice. For guidance specific to your business, consult a qualified professional.
A lot of shop owners treat a price increase like something they have to justify to themselves before they can justify it to a customer. So they wait....
Give someone twenty minutes to do a job, and they'll take twenty minutes. It doesn't matter if the job could realistically be finished in fifteen...
Valuation sounds like it should be a fixed number. Run the calculation, get the answer, move on. It doesn't work that way. Value is subjective. It...