Making lemonade in sour times

Even as the economic headlines turn bitter, with a little work, you can make something sweet.

Subscribe   /   View in browser   /   Invite a friend 22 November 2022 Every day seems to bring a fresh challenge for small businesses, from currency fluctuations and rising interest rates to cost-of-living challenges. You need to react to the changing times – here are five stories that'll help keep your money on the right track. Brought to you by Grand Seiko.       01 What to do if your currency drops With exchange rates continuing to dip and shift, what can small businesses do to protect themselves or take advantage of the current global economic climate? Read more With exchange rates continuing to dip and shift, what can small businesses do to protect themselves or take advantage of the current global economic climate?       02 Beat the banks With the global economy taking a turn for the worse, here's how to react when interest rates rise. Read more With the global economy taking a turn for the worse, here's how to react when interest rates rise.       03 It's time to build a budget In tough times, it's crucial to get the basics right. Here's how to get your finances in order so you can navigate what's ahead. Read more In tough times, it's crucial to get the basics right. Here's how to get your finances in order so you can navigate what's ahead.       04 Should you raise your prices? It can be tempting (and sometimes necessary) to hike up the price of your goods to cover costs. But there's a right and a wrong way to go about it. Read more It can be tempting (and sometimes necessary) to hike up the price of your goods to cover costs. But there's a right and a wrong way to go about it.     BRAND PARTNER: Grand Seiko Building – no, keeping – a legacy More than 140 years (and counting) of watch-making doesn't happen by chance. Kintaro Hattori, the founder of Seiko Watch Corporation, had a philosophy: to achieve success, you need to keep one eye on the future and the other firmly rooted in the present. Here's how the brand continues to survive and thrive over generations. Learn what makes Grand Seiko tick         05 Don't forget about your personal finances Beyond your business, you need to get your own money right. Here's the guide on how to get it done. Read more Beyond your business, you need to get your own money right. Here's the guide on how to get it done.

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