Many businesses boast about low prices or efforts to make their services as affordable as possible. But if you want to keep up with business costs, inflation or simply keep pace with the industry, it's important that you don't sell yourself short.
Naturally, announcing that your prices are increasing can be dicey, potentially angering customers and even costing you business. While these unwelcome outcomes cannot always be avoided, there are some steps that businesses can take to make their pricing announcement easier to swallow.
Here are a few tips and strategies for tactfully announcing an increase in your rates:
1. Be direct.
First and foremost,
