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CATCHING UP AND KEEPING UP WITH PRICING
| 题名： | CATCHING UP AND KEEPING UP WITH PRICING |
| 正文语种： | eng |
| 作者： | BARRETT SMITH |
| 作者单位： | AUTO DAMAGE EXPERTS INC. |
| 摘要： | Has your business kept up with the cost of living? How does the gross domestic product play a role in your ability to keep up with the economy in the pricing of your goods and services? More importantly, do you know your company's hourly cost of doing business? According to U.S. Labor Department data published on March 10, 2021, the annual inflation rate for the U.S. was 1.7% for the 12 months ending in February 2021, after previously climbing to 1.4%. The next inflation update was in March 2021 at 2.6% over the previous 12 months. I've known shops that failed to monitor or ignored the rise in the cost of living and other economic indexes and just stuck with the same labor rates for years - or even a decade! I'm also aware of shops that wait for an increase from insurers. Many shops have failed to keep their businesses alive and instead watched them die a slow death by a thousand cuts, including cuts in wages; personnel; profits; marketing; service; and cutting corners. |
| 出版年： | 2021 |
| 期刊名称： | BodyShop business |
| 卷： | 40 |
| 期： | 5 |
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