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Michael Koblic

In article , says...

I'm curious, how do you think a small business should do it?

I am impressed that you consider Fastenal and Honda "small businesses"

My costs are up SHARPLY. I feel if I just raise prices 25% my customers
will bolt. I'm thinking of ways to disguise part of the increase and not
chase everybody away. In my case, I used to give oversize packaging; buy a
10# peck, you get 12# of apples. I also used to be very fussy on grading out
ANY defect.

My plan, at this point, is to reduce the package size, let minor defects go,
and only raise prices slightly, just under 10%.

As many others pointed out, there is no easy way. To my knowledge never has
been.

For my part, I am prepared to accept an up-front "I have to raise prices 'cos
my costs have gone up" statement more easily than a weasly way to hide the
price increase.

One should also perhaps spare the thought for those who *cannot* pass their
increasing costs to their clients, but that is another matter.