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Tag: Inflation


Management, Strategy & Planning

Why Shrinkflation Is A Great Pricing Strategy In Inflationary Times

November 9, 2023

Via: Entrepreneur

Want to make more money this year? Or at least protect your profits? Consider shrinkflation. You may have heard of this — or maybe not. But shrinkflation is a powerful pricing strategy that you should consider in these times of […]


Finance

US Small Businesses Lean on Credit Cards Amid Inflation and Funding Challenges

October 11, 2023

Via: Small Business Trends

Intuit’s inaugural 2023 QuickBooks Small Business Index Annual Report brings to light small businesses’ profound challenges in the US, Canada, and the UK. The report analyzes the effects of macroeconomic pressures’ effects on small business operations, job creation, and their […]


Management, Strategy & Planning

What is Stagflation?

September 18, 2023

Via: Small Business Trends

What is stagflation? Stagflation is like an imperfect storm, a weather happening with lots of contributing factors. Stagflation is an economic condition caused by a combination of increasing inflation and high unemployment rates, which cause a decrease in consumer demand […]


Management, Strategy & Planning

7 Tips for Protecting Your Business Against Inflation

June 6, 2023

Via: Entrepreneur

Inflation refers to the general increase in prices and the relative decline in a consumer’s purchasing power. Although some degree of inflation is considered desirable by monetary policymakers — in fact, the Federal Reserve aims for an annual 2% target […]


Management, Strategy & Planning

3 Key Strategies That Helped My Business Grow During a Recession

May 26, 2023

Via: Entrepreneur

If there’s a word that perfectly describes the state of the economy in 2023, that must be inflation. Ask any U.S. adult, and they’ll likely be aware of the inflation that has been hitting the American economy since the 2020 […]


Finance

8 Effective Cost-Cutting Strategies for Your Small Business

May 5, 2023

Via: Small Biz Club

Inflation may be squeezing your family budget, but it’s taking a toll on small businesses, as well. According to a 2022 survey from the National Federation of Independent Business, 30% of business owners said inflation was their biggest hurdle. If […]


Finance

How Businesses Minimize Risk with Forex

December 16, 2022

Via: Small Biz Club

Small business owners juggle numerous responsibilities, but one of the most crucial is related to the risks of inflation and currency devaluation. The majority of domestic companies hold most of their assets in their home nation’s currency. Usually done for […]


Leadership & Career Development, Management

How IT Leaders Can Manage Costs During Inflation and Develop Better Outsourcing Partnerships

November 10, 2022

Via: Entrepreneur

Technological advancements have significantly improved outcomes and efficiencies across various industries. However, issues like rising costs due to IT staff shortages influence technology services costs. The best strategy to maximize business needs amid inflation involves appreciating existing shifts in economic […]


Management, Strategy & Planning

How to Make the Business World Sane Again

October 17, 2022

Via: Small Business Trends

By any definition, things are crazy inside our business world; the Covid pandemic, record inflation, the supply chain shortage, the Great Resignation, and quiet quitting. How can we make our world sane again? This week on The Small Business Radio […]


Management, Strategy & Planning

Impact of Inflation Still Worrying Small Businesses

October 6, 2022

Via: Small Business Trends

The impact of inflation is highlighted in a new global report by Meta, the parent company of Facebook. According to the report, inflation and rising costs of inputs are emerging challenges for most Small and Medium-sized Businesses (SMBs). The analysis […]


Marketing, Sales Experience

Sales of Businesses Slowing Due to Rate Hikes and Inflation

August 1, 2022

Via: Small Business Trends

Small business acquisitions decreased by 3% during the second quarter of 2022 while the median sale price slipped 9% below the previous quarter, a drop from $345,000 to $315,000. Sales of Businesses Slowing Due to Rate Hikes and Inflation The […]


Management, Proposal Management

How to Write a Price Increase Letter + Examples

June 22, 2022

Via: Small Business Trends

With inflation impacting economies around the world, price increases are practically unavoidable, but that doesn’t mean customers welcome the price change. Even if consumers understand the price increase, it still could impact their buying decisions. How do businesses raise prices […]


Marketing, Sales Experience

Sales of Businesses Near 2019 Levels But Inflation is a Concern

April 25, 2022

Via: Small Business Trends

Business for sale transactions has shown steady growth in the first quarter of 2022 according to the latest BizBuySell Insight Report. Small business acquisitions rose to 24% over the previous year and just 3.7% shy of the first quarter of […]


Management, Product Management

Act, don’t react: Managing inflationary pressures in enterprise software

March 11, 2022

Via: Venture Beat

We assumed that skyrocketing prices were put to rest decades ago alongside disco fashion and feathered hair. But 2021 saw the U.S. Consumer Price Index climb to 7%. It is an unpleasant reality that inflation is back and shows no […]