Episode 45: How to Deal with Raising Shop Costs

March 23, 2022 1:39 pm


How are you handling prices going up and up? How are you justifying cost increases? This issue is INDUSTRY WIDE! Here are some strategies Ian is using at Lakewood Machine and Tool.

1. Change the length your quotes are valid for.
2. Stock material
3. Open communication with customers!

Should something else be on the list? Share in the comments.

Learn more about Lakewood Machine and tool here and follow on social: Instagram and LinkedIn.

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