• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
SuccessSmall Business

How one small business owner is preparing for the tariff economy—And her advice for staying resilient

Ashley Lutz
By
Ashley Lutz
Ashley Lutz
Executive Director, Editorial Growth
Down Arrow Button Icon
May 22, 2025, 10:00 AM ET
Misty Skolnick and her father Jerry, co-owners of Uncle Jerry's pretzels
Misty Skolnick and her father Jerry are the co-owners of Uncle Jerry's pretzelsCourtesy of Uncle Jerry's Pretzels

Like many small business owners, Misty Skolnick is thinking carefully about how new tariffs could impact her family-run company.

Recommended Video

As co-owner of Uncle Jerry’s Pretzels, Skolnick says that while the Lancaster County, Pennsylvania-based snack business already partners with local suppliers for everything from ingredients to packaging, any added cost pressure—whether from tariffs or supply chain disruptions—could squeeze their already tight margins.

Her father, Jerry Skolnick, founded the company in 1988. Today, their handmade hard sourdough pretzels—crafted using a traditional Pennsylvania Dutch recipe—are sold online, at Whole Foods, and through independent grocers across the country.

When President Trump announced sweeping new tariffs in April, the Skolnicks took a proactive approach. With razor-thin profit margins, even small cost increases can hit hard—and fast. Stockpiling ingredients wasn’t an option for a business that makes fresh pretzels.

“My dad and I stayed informed but didn’t panic,” Skolnick told Fortune in an interview. “We monitored pricing closely and stayed in regular contact with suppliers to understand how tariffs might impact them and, in turn, us.”

Now, Skolnick is hopeful that the rollback of Chinese tariffs will give small businesses like hers some breathing room—and help them avoid the worst-case scenario: raising prices for customers.

“It may be slow right now, but there is a lot of long-term optimism,” she says. “Most owners I know are focused on providing great products and services despite uncertainty.”

Uncle Jerry's pretzels are handmade in rural Pennsylvania.
Uncle Jerry’s Pretzels are handmade in rural Pennsylvania and distributed at Whole Foods and other grocery stores.
Courtesy of Uncle Jerry’s Pretzels

Advice for small business success

After nearly 40 years in business, Skolnick believes Uncle Jerry’s enduring success comes down to one thing: an unwavering focus on quality.

She runs her business with family values at its core, and encourages other entrepreneurs to do the same.

“In a world chasing unicorns, remember the basics: if you offer a truly excellent product or service, it will sell,” Skolnick says. “Execution is everything—step by step, day by day. And never over promise. Honesty builds trust and keeps doors open.”

In times of economic uncertainty, she sees the resilience of small businesses as essential

“Running a small business takes grit, resilience, and a deep belief in what you’re building,” she says. “It’s not easy—especially during uncertain times—but small businesses have always been the backbone of innovation and community.”

Her advice to fellow small business owners? Stay grounded and keep going.

“Stay focused, stay adaptable, and keep showing up,” Skolnick says. “You’re not alone in the struggle, and the work you’re doing matters. We can do it—one step at a time.”

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Ashley Lutz
By Ashley LutzExecutive Director, Editorial Growth

Ashley Lutz is an executive editor at Fortune, overseeing the Success, Well, syndication, and social teams. She was previously an editorial leader at Bankrate, The Points Guy, and Business Insider, and a reporter at Bloomberg News. Ashley is a graduate of Ohio University's Scripps School of Journalism.

See full bioRight Arrow Button Icon

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Economy
The $38 trillion national debt is to blame for over $1 trillion in annual interest payments from here on out, CRFB says
By Nick LichtenbergDecember 17, 2025
2 days ago
placeholder alt text
AI
Meta’s 28-year-old billionaire prodigy says the next Bill Gates will be a 13-year-old who is ‘vibe coding’ right now
By Eva RoytburgDecember 19, 2025
9 hours ago
placeholder alt text
Success
As graduates face a ‘jobpocalypse,’ Goldman Sachs exec tells Gen Z they need to know their commercial impact 
By Preston ForeDecember 18, 2025
1 day ago
placeholder alt text
Economy
‘This is a wacky number’: economists cry foul as new government data assumes zero housing inflation in surprising November drop
By Eva RoytburgDecember 18, 2025
1 day ago
placeholder alt text
Future of Work
LinkedIn CEO says it's 'outdated' to have a five-year career plan: It's a 'little bit foolish' considering the pace AI is changing the workplace
By Sydney LakeDecember 18, 2025
1 day ago
placeholder alt text
Success
As millions of Gen Zers face unemployment, McDonald's CEO dishes out some tough love career advice for navigating the market: ‘You've got to make things happen for yourself’
By Preston ForeDecember 16, 2025
3 days ago

Latest in Success

Late Apple cofounder Steve Jobs
SuccessCareers
Steve Jobs sold his Volkswagen to raise $1,300 for Apple’s first computer—he became a millionaire just two years later at 23
By Emma BurleighDecember 19, 2025
4 hours ago
Yann LeCun smiles and adjusts his glasses
AIVenture Capital
AI whiz Yann LeCun is already targeting a $3.5 billion valuation for his new startup—and it hasn’t even launched yet
By Dave SmithDecember 19, 2025
4 hours ago
David Baszucki with his thumbs up
SuccessCareer Advice
Roblox CEO David Baszucki says the best career advice he’s ever been given is to outright ignore the advice of others
By Preston ForeDecember 19, 2025
4 hours ago
Mike Repole sits in front of a microphone
SuccessBillionaires
Billionaire who sold two companies to Coca-Cola says he tries to persuade people not to become entrepreneurs: ‘Every single day, you can go bankrupt’
By Dave SmithDecember 19, 2025
5 hours ago
Erica Kirk
PoliticsRepublican Party
‘I was like, ‘Wow, if Erika can do it, I can do it”: TikTok and Turning Point draw in conservative Gen Z women
By Sejal Govindarao and The Associated PressDecember 19, 2025
6 hours ago
Successthe future of work
The scientist who helped create AI says it’s only ‘a matter of time’ before every single job is wiped out—even safer trade jobs like plumbing
By Orianna Rosa RoyleDecember 19, 2025
6 hours ago