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Small Business Center

Small Businesses Are Being Forced to Pass On Higher Costs to Customers

March 15, 2022

Inflation caught up with McJak Candy of Medina, Ohio, which raised its 2022 prices about 12% across the board. Small businesses nationwide reluctantly have passed rising labor, production and materials costs on to customers as pricing pinches squeeze bottom lines. Seventy-one percent of small business owners said inflation had affected their operations within the past 12 months, according to the latest Small Business Index report.

Read Fortune’s story to learn more.

Small Business Center

ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.

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