Thoughts on Business Transitions
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Inflation, Costs, and Fear of Rising Prices
Neal Furlong, ChFC®, CEPA®, CLU®Senior Wealth Advisor External events, like supply shortages and inflation, make running a successful business even more challenging. In today’s inflation market, business owners can be forced to make decisions they’re uncomfortable with, especially in terms of raising prices. It’s not uncommon for business owners to feel guilty or fearful that raising prices may do harm…
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Good Intentions, Empty Promises
Neal Furlong, ChFC®, CEPA®, CLU®Senior Wealth Advisor As a business owner, your employees put added stock into the things you say, how you say them, and when you say them. This is why it’s extremely important to avoid making empty promises based on good intentions. Let’s look at some ways that you can position yourself to minimize communication…
