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Vista Outdoors Price Increase
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<blockquote data-quote="del2les" data-source="post: 2964676" data-attributes="member: 9299"><p>As a business operator who went through the massive cost increases of the past few years, I have to disagree. Just <em>in one year, </em>we saw various increases from 10-50% with some items completely unavailable or doubling or tripling in price, and our labor costs exploded by 25%, <em>in one year. </em>Labor cost are not just wages, for about 40% of our overall labor costs are related to benefits that include various required insurances, it takes 10 insurances to operate my business, new state required minimum paid sick leave, new federal and state mandated OSHA infection control requirements, routine infection control supplies, routine Covid testing, a full time infection control specialist, all insurances saw double digit cost increases, etc, etc, etc, and everything under the sun went up in price and has not stopped.</p><p></p><p>With about 200 line items in my budget, it became unsustainable without huge increases to offset such unexpected costs.</p></blockquote><p></p>
[QUOTE="del2les, post: 2964676, member: 9299"] As a business operator who went through the massive cost increases of the past few years, I have to disagree. Just [I]in one year, [/I]we saw various increases from 10-50% with some items completely unavailable or doubling or tripling in price, and our labor costs exploded by 25%, [I]in one year. [/I]Labor cost are not just wages, for about 40% of our overall labor costs are related to benefits that include various required insurances, it takes 10 insurances to operate my business, new state required minimum paid sick leave, new federal and state mandated OSHA infection control requirements, routine infection control supplies, routine Covid testing, a full time infection control specialist, all insurances saw double digit cost increases, etc, etc, etc, and everything under the sun went up in price and has not stopped. With about 200 line items in my budget, it became unsustainable without huge increases to offset such unexpected costs. [/QUOTE]
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