Running a business is becoming more expensive
Apr 27, 2022

Running a business is becoming more expensive

HTML EMBED:
COPY
Business owners are facing shrinking profit margins as they deal with higher costs for materials and rising wages. We take a look at what options businesses have, including raising prices. A look at why the stock market has been down in the past month. Businesses have been investing in new equipment, which can improve productivity at a time of labor shortages.

Segments From this episode

Higher costs, wages are increasingly cutting into profits for some businesses

Apr 27, 2022
The NABE reports some businesses are raising prices to remain profitable, but they may be running into resistance from consumers.
Seventy five percent of businesses that responded across all sorts of industries say costs for materials have been rising in the last few months.
Alex Wong/Getty Images

Amid staffing challenges, some businesses look to invest in equipment

Apr 27, 2022
Many of the investments businesses make in their own operations will take time to actually pay off.
Many investments businesses make in their own operations are built with the long term in mind.
Getty Images

The team

Victoria Craig Host, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Jay Siebold Technical Director
Jesson Duller Media Producer
Erika Soderstrom Producer/Director
Rose Conlon Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer