After a long period of stability, many countries – including New Zealand – are entering a new period of inflation. This impacts consumer spending and has a knock-on effect to business owners.

Pumping money into the economy over the lockdown years helped stimulate the economy and dodge a recession, but caused inflationary pressure. Supply chain issues and the Russian oil crisis have further exacerbated the situation. It means almost every item we consume that is imported will cost more.

So what can franchisors, franchisees and franchise buyers do about it?
Read here for tips on operating your business in inflationary times.