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The Tariff Challenge: The difficult and high-cost decisions my small business is now facing

Elyse Breanne Design 30,527 lượt xem 1 month ago
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As I'm sure some of you have probably noticed, I love to share behind the scenes details with you all, and to be more transparent with what it takes to run a small business like EBD. That means sharing the good, and inevitably, the bad, and today is no different. That's why I want to let you know I'm going to have to increase prices soon. 😔

If you’ve been following the news lately, you might have heard that there are new tariffs in place for goods imported from overseas. Some tariffs are now up to 145%, and that number could increase at any second. Sadly, this has led me to the realization that my team and I are going to be forced to increase prices on a number of products in order to continue operating.

I really wish there was a way to absorb the entirety of these additional tariffs, but as a small business, we just can’t. These increases are unprecedented in both how suddenly they have been implemented, and how extremely high they are.

I so deeply appreciate all of the loyal customers who have supported me and my business these past few years, and I hope you will be willing to do so in the future. I want to give you all the heads up now, so you know that this really isn’t something I want to do, but have to.

Thank you again for your support.
Elyse

#tariffs #tariff #economicpolicy #smallbusinessowner #smallbusiness #challenge #smallbusinessgrowth #prices #manufacturing

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If you're new here - welcome! I started my business on my 18th birthday selling paintings I made in my free time. I continued to run and grow it throughout college and graduate school, and into law school at Duke University. Now I'm running the business full time, law degree in hand, and I wouldn't have it any other way! I sell my art on my website, wholesale on Faire.com and I license my work to a range of companies. And I have a flagship store called Mill & Meadow in Durham, North Carolina!

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