Business owners need to monitor costs right now, and price adjustment is one way to do that. But be careful about how you approach it and don’t let it be your only strategy.

Here are some tips to consider for getting your company through this period of price uncertainty

Don’t let rising diesel and gas prices due to inflation woes, oil production interruptions and chaos in the world upend your profitability

Customers don’t like price increases, but if you get the messaging right, you can usually avoid pushback and still retain their business

Material and equipment prices are particularly volatile right now, creating a challenge for businesses. To stay the course consider what you can control versus what you can’t.