What Are You Doing about Rising Interest Rates?

By Rich Bond

This is a great LinkedIn post by Wes Bricker, PwC Vice Chair, about ways businesses can deal with rising interest rates. https://www.linkedin.com/feed/update/urn:li:activity:7091823375257329664/

One of the four strategic moves Bricker says companies can make is to review their pricing. Ironically, while the Fed is raising rates to cool inflation, the rising rates increase the cost of doing business. That’s why pricing, followed by scrutinizing costs and balance sheet items, are all extremely important.

Although PwC is one of the four largest accounting firms in the world, its advice is sound for businesses of any size.

I have worked with the PwC treasury consulting group, placing several professionals there. They have some great tools to improve the management of working capital and the supply chains.

 

 

Other Posts

  • 𝐂𝐚𝐧 𝐘𝐨𝐮 𝐒𝐨𝐥𝐯𝐞 𝐑𝐮𝐛𝐢𝐤’𝐬 𝐂𝐮𝐛𝐞?

    𝐂𝐚𝐧 𝐘𝐨𝐮 𝐒𝐨𝐥𝐯𝐞 𝐑𝐮𝐛𝐢𝐤’𝐬 𝐂𝐮𝐛𝐞?

    24th April 2024
    Read More
  • 𝐇𝐨𝐰 𝐈𝐬 𝐆𝐨𝐨𝐝 𝐃𝐞𝐟𝐞𝐧𝐬𝐞 𝐢𝐧 𝐁𝐚𝐬𝐤𝐞𝐭𝐛𝐚𝐥𝐥 𝐋𝐢𝐤𝐞 𝐌𝐚𝐧𝐚𝐠𝐢𝐧𝐠 𝐘𝐨𝐮𝐫 𝐂𝐨𝐦𝐩𝐚𝐧𝐲’𝐬 𝐁𝐨𝐭𝐭𝐨𝐦 𝐋𝐢𝐧𝐞?

    𝐇𝐨𝐰 𝐈𝐬 𝐆𝐨𝐨𝐝 𝐃𝐞𝐟𝐞𝐧𝐬𝐞 𝐢𝐧 𝐁𝐚𝐬𝐤𝐞𝐭𝐛𝐚𝐥𝐥 𝐋𝐢𝐤𝐞 𝐌𝐚𝐧𝐚𝐠𝐢𝐧𝐠 𝐘𝐨𝐮𝐫 𝐂𝐨𝐦𝐩𝐚𝐧𝐲’𝐬 𝐁𝐨𝐭𝐭𝐨𝐦 𝐋𝐢𝐧𝐞?

    22nd April 2024
    Read More
  • 𝐓𝐨 𝐛𝐞𝐜𝐨𝐦𝐞 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐧𝐨𝐭, 𝐛𝐞𝐡𝐚𝐯𝐞 𝐚𝐬 𝐲𝐨𝐮 𝐝𝐨 𝐧𝐨𝐭.

    𝐓𝐨 𝐛𝐞𝐜𝐨𝐦𝐞 𝐰𝐡𝐚𝐭 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐧𝐨𝐭, 𝐛𝐞𝐡𝐚𝐯𝐞 𝐚𝐬 𝐲𝐨𝐮 𝐝𝐨 𝐧𝐨𝐭.

    16th April 2024
    Read More