The tariff and trade war will impact you and now is the time to start planning. After 2024 where fees and prices went up dramatically, margins are already tight. It is time to get a plan together.

Here’s what you can do right now: audit your supplier relationships and identify alternatives. Calculate the cost impact of a 10%, 25%, or 50% tariff on your top SKUs. Know your break-even price points. Build your cash reserve so you have options when costs spike. The businesses that will weather this best aren’t the ones with the lowest costs — they’re the ones with the most cash flexibility and the clearest picture of their numbers. Get your plan together now, before you need it.

About the author 

Maverick Licerio

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