5 Tips to Help Your Business Counter Inflation

Podcast •

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)