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5 Tips to Help Your Business Counter Inflation

Gene Marks, Host of On the Mark
Gene Marks, Host of On the Mark

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)

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