00:00 Speaker A
How are you seeing small businesses prepare for tariffs? And what are some of the the top ways that they can kind of reshape their own operations knowing that some of these deadlines are fast approaching?
00:23 Speaker B
Sure. So what we’re seeing is a wait-and-see approach. Waiting to see if they should invest in their business, how to adjust business operations, how to move forward. It’s a lot of uncertainty as your previous guest was talking about. So I think that’s going to be the word of at least the next few months as business owners try to figure out what’s best for their business. But on top of that, you know, being able to have open discussions with their vendors to see what price increases might be coming their way, um, and what options are available to them. So, you know, talking with vendors, looking at their contracts, really reviewing those, um, those areas of business operations that might be impacted by tariffs at their business, you know, would be good ways to kind of fortify or create some certainty at least in these kind of choppy waters that they’re trying to navigate right now.