How to Combat Tariffs Without Killing Your Profits
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How to Combat Tariffs Without Killing Your Profits
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In this episode of the Enlightened Entrepreneur, I share my answer a timely question from my recent Financial Freedom Bootcamp: how can small business owners stay competitive amidst tariff changes, without resorting to drastic price cuts?
Listen in to learn what tariffs really are, how they impact your pricing & cost structure and what steps to take to protect your profits.
💡 What You’ll Learn
- What a tariff is (and why thinking of it like a “duty” helps)
- Why competing solely on price can harm your business
- How to review your cost structure and pricing strategy effectively
- Ways to enhance perceived value instead of discounting
- Smart strategies to stay competitive without sacrificing profit margins
🔗 Resources & Links
- If you're pricing could use a review, be sure to grab my easy to use Product & Services Pricing Calculator today!
Support the show
Thank you for listening!
💬 Connect with Leandra
● Follow me on Instagram: @leandracreates
● Visit my website: www.stingrayadvisorygroup.com
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