Fort Lauderdale Businesses: Don’t Wait Until Tariffs Hit to Prepare Your Books

May 8, 2025

With changes to U.S. tariff policies looming on the horizon, now is the time for Fort Lauderdale businesses to get ahead not after the impact hits your bottom line. At R3 Accounting, we’re already helping local companies across industries prepare for what’s coming, because waiting could mean tighter cash flow, supply chain delays, and a scramble to update pricing strategies.

If your business imports goods or relies on global supply chains — especially in industries like retail, construction, or hospitality — even a modest tariff adjustment can create ripple effects. The best defense? A proactive financial strategy backed by a knowledgeable Fort Lauderdale accountant who understands both the big picture and the fine print.

How Upcoming Tariffs Could Affect You

While no one knows the exact timing or scope of the next wave of tariffs, one thing is clear: small and midsize businesses will likely feel the strain. Here's how tariffs can hit your books:

  • Increased cost of goods sold (COGS) — Tariffs can raise your sourcing costs overnight.

  • Inventory management challenges — Holding too much or too little inventory can lead to waste or missed sales.

  • Pricing pressure — Passing on tariff-related costs to customers requires careful planning.

  • Profit margin squeeze — Without proper forecasting, you could absorb losses unnecessarily.


What You Can Do Right Now

Here’s what our team at R3 Accounting recommends to stay ahead:

  1. Review your vendor contracts and sourcing strategy – Understand where your goods originate and what’s at risk.

  2. Stress test your budget – Model scenarios where key costs rise 10–25% and see how your margins hold up.

  3. Evaluate tax-efficient strategies – There may be credits, deductions, or timing strategies you can implement now.

  4. Get clean, real-time financials – The better your books, the faster you can react if tariffs roll out suddenly.

  5. Work with a local CPA – A Fort Lauderdale accountant who knows your business landscape can provide tailored advice and support.


R3 Accounting: Helping Fort Lauderdale Stay Resilient

We help South Florida businesses not only react to economic changes but build accounting systems that can adapt quickly. Whether it’s scenario planning, inventory strategy, or cash flow forecasting, R3 Accounting gives you the clarity you need — before uncertainty becomes a crisis.

Don’t wait until tariffs hit. Let’s talk about how your business can prepare now and stay profitable no matter what happens next.

Need help preparing your books for a changing global economy?

  📞 Contact R3 Accounting;  your trusted Fort Lauderdale accountant for a free consultation.

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With R3 Accounting, you gain more than just a service provider—you gain a partner dedicated to your business’s success. Our consulting services are designed to deliver expert solutions tailored to your specific challenges, enabling you to focus on growing your business with confidence.

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