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The SmallBizChat Podcast: How to Handle Inflation in Your Small Business

Today, I’m offering my thoughts and advice on inflation and your small business. I share my take on how you can handle inflation and thrive in the current landscape by doing things such as raising prices, managing productivity, and using strategic financing. I talk about the importance of knowing exactly where your cash flow is going, finding where cuts can be made, and having a safety net if things go wrong for whatever reason. I also discuss adjusting to today’s reality, such as planning your budget around inflation, understanding the current hiring market, and preparing early for your busy seasons.

Listen to the podcast below:

 

 

This week on SmallBizChat Podcast:

  • 10 areas of interest for weathering inflation
  • Taking stock of time management for you and your team
  • Exploring or refining business operations
  • Reviewing subscriptions and service contracts
  • Automation
  • Taking care of debt
  • Diversifying your supply chain
  • More tips and advice for small business

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Want to hear more episodes of The SmallBiz Chat Podcast? Subscribe on your favorite platform so you never miss an episode!

 

 

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