92 - Let's Talk About Tariffs & Their Impact on Sports Teams

Tariffs are a tax imposed on imported goods.

They can significantly impact budgets for sports teams.

Setting aside an emergency fund is crucial for unexpected costs.

Engaging in lengthy discussions with suppliers is necessary.

Creativity in sourcing promotional items can save costs.

Local businesses can provide alternatives to imported goods.

Understanding the political implications of tariffs is important.

Monitoring potential tax credits can provide financial relief.

Tariffs can reduce consumer choice and raise living costs.

Planning ahead is essential to mitigate tariff impacts.