GAAP Episode 008 - Your Business and Inflation
04/26/2024
We sit down with CPA and managing shareholder Mark Lyons to discuss tips and techniques to help your business fight inflation. Stick around to learn more about profit margins, raising prices, employee productivity, expenses, automation and more!
1:50 What does raising interest rates do?
4:26 Automation and how it can fight inflation
5:55 Cost-savings opportunities
9:27 Increasing rates and profit margins
15:25 Increasing employee productivity
18:10 Remote and hybrid work concerns
22:38 Supplies, capital & cash flow
26:13 Rate increases & transparency
31:27 Fighting inflation with creativity
34:19 Who should I talk to about my business?
DON'T LIKE NUMBERS? WE DO.
At Casey Peterson, LTD, we understand not everyone loves the complexities of accounting like we do. That's what sets us apart from the rest. Our CPAs, accountants, and financial advisors truly love numbers, solving problems, and creating business and financial strategies for our clients.
We’re looking for clients who believe in good customer service — clients who want CPAs, accountants, and financial advisors who are big-picture thinkers and ethical problem solvers. We’re looking for relationships, not transactions.
If you want the same, we should talk.