How Businesses Can Thrive During Inflation
By Lisa Anderson
According to the Wall Street Journal, consumer prices are the highest in 40 years. It certainly doesn’t seem to be letting up. In fact, with the Russia-Ukraine war, there will be continued inflationary pressure on products related to oil, gas, commodities and food at a minimum. Clients and colleagues are seeing record increases in the costs of raw materials, components and supplies. Strong companies are prepared to thrive during these inflationary times. They are resilient and willing to take action as conditions change.