I recently wrote an article on the breakeven cost creep that we are experiencing as a business and how it forces us to put our prices up, with initially disastrous consequences.
Continue reading “Breakeven cost creep and its impact on Wellington business confidence”
Category: Business Confidence
Breakeven cost creep
I’ve recently been through our business plan and noticed that our breakeven point has increased several hundred dollars per week since the last time I did the exercise, about three years ago.
Continue reading “Breakeven cost creep”
Price elasticity of demand, inflation, and the business confidence crisis
I’ve been down at the local cafe since it opened this morning trying to figure out a way that I’m going to run this motel over the next six months.
Continue reading “Price elasticity of demand, inflation, and the business confidence crisis”