028: Navigating Rising Costs and Price Increases In Your Business
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Last episode, I talked about how to find potential opportunities to decrease some of your costs, especially if your business model has shifted at all since opening and your volume is different than expected.
But what happens if you can’t decrease a specific price? Or, worse yet, what if you are facing price INCREASES?
In this episode I share how to know when you need to raise prices, and how to go about it in a way that will upset your customers the LEAST (remember, you can never please everyone).
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