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....
Tariffs are back in the headlines—and they’re hitting small businesses where it hurts. In this episode of Kaizen Time, Eric Joern explains how recent tariff hikes can drive up product costs and impact your pricing strategy—especially if your business depends on imported goods, like auto repair parts. Learn how to manage shifting costs using a pricing matrix and get proactive financial advice to help your business stay profitable in an unpredictable global economy.
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...