Paychex WORX Blog
Select a Topic
Let's Get Started

5 Tips to Help Your Business Counter Inflation

Gene Marks, Host of On the Mark

Podcast •
10:20
Min • Season 
3
 | Episode 
15
 • Published: 12/16/2021
Gene Marks, Host of On the Mark

Listen


Summary

In our latest “On the Mark” podcast, CPA and small-business owner Gene Marks shares five tips he’s seeing his clients and other businesses use to help fight inflation, including:

  • Raising prices and using a customer relationship management system to target constant communication
  • Practice shrinkflation
  • Get into long-term contracts to reduce risk
  • Buy as much inventory now
  • Invest in technology to improve efficiency (e.g., HR, bill-paying automation, etc)

View Transcript

Topics


See Why 745,000+ Businesses Use Paychex

If you are looking to outsource Paychex can help you manage HR, payroll, benefits, and more from our industry leading all-in-one solution.

An employee depositing a check

Payroll and Taxes

Pay employees your way and automate tax payments.
HR dashboard on Paychex Flex

Human Resources

Hire, onboard, manage, and develop productive employees.
Clocking out of work with a smart watch

Time and Attendance

Track employee time and maximize payroll accuracy.
An employee working in an office

401(k) and Retirement

Help employees save for retirement and reduce taxable income.
Cards generic 4

Employee Benefits

Offer health, dental, vision and more to recruit & retain employees.
Cards OSHA Safety Programs

Business Insurance

Comprehensive coverage for your business, property, and employees.