Carl Taylor Accountant and Business Consultant

There's no doubt that most businesses have been impacted by some kind of supplier price increase in the past months, be it through the impact of exchange rates increasing the cost of imports, or UK suppliers increasing their prices.

So you pretty much have no choice about implementing price increases to your customers - you basically have to if you want to maintain profitability and stay in business.

The question is how much should you put your prices up?