Has the price of things affected your business?

Over here the price of fuel and the increase of dollar over our local currency has affected a lot of business today. The cost of production and buying of materials and even transportation has skyrocket. Almost all business owners has increased their price. We as graphic designers we have also started increasing prices. Most of our clients feel all we do is just to see and add pictures and words to form a design so we have no right to increase price, but they fail to realize that for every project we do, we have to make lots of research online, which would cause data, and not to mention downloading of materials. Then majority of the software we use are not for free. There are monthly and yearly subscription for some. Then there is the issue of fuel. The price of things has affected the flow of work and most clients still want our services given to them with a very cheap price.

Well, inflation affects the way on which businesses operates. For instance, the cost of operation of the business is set to rise high on hicked prices of items which leads to collapse of the business.

The high costs of everything has made me to hold back on increasing my capacity and I have rather reduced.