In this latest Chamber update, Jason Foss and Phil Henry discuss the growing pressures facing local businesses.

Key takeaways:

• Rising fuel costs are impacting businesses differently, and the Chamber is collecting local data via an upcoming survey
• New rules on card surcharges mean businesses may need to absorb costs, or adjust pricing
• Changes to junior wages could affect hiring decisions, particularly for younger workers
• Margins are tightening, and tough pricing decisions may be unavoidable

As Jason points out, while these challenges feel intense, they’re not entirely new. It’s about adapting to the current environment.

On a more positive note, Small Business Month in May is fast approaching, with events designed to support and connect the local business community.