Putting up your rates

Out of context: Reply #4

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  • ETM0

    I raised my rates back in September. I typically do it then as I find so many companies decide the new year is the time to increase and I don't wish to pile on at the same time. I sent a letter in July regarding it as notice. I typically don't explain why they are increasing, I simply sent a new rate card and indicate when it goes into effect. Never had an issue.

    But I don't know if this is the best time to be raising rates. Especially when people may be looking to cut costs.

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