• 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
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
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Economy
Right before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank
By Jason MaJanuary 30, 2026
24 hours ago
placeholder alt text
Economy
'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted and everyone's now looking at the wrong alarm
By Eleanor PringleJanuary 31, 2026
9 hours ago
placeholder alt text
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
3 days ago
placeholder alt text
AI
Top engineers at Anthropic, OpenAI say AI now writes 100% of their code—with big implications for the future of software development jobs
By Beatrice NolanJanuary 29, 2026
2 days ago
placeholder alt text
Big Tech
Microsoft’s $440 billion wipeout, and investors angry about OpenAI’s debt, explained
By Eva RoytburgJanuary 29, 2026
2 days ago
placeholder alt text
Asia
Trump’s Greenland play comes with Russia and China running circles around the US in the Arctic as expert sees ‘big game of catch-up’
By Tristan BoveJanuary 30, 2026
24 hours ago

© 2026 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.


Latest in Success

Photo of Alexis Ohanian
SuccessFounders
Alexis Ohanian walked out of the LSAT 20 minutes in, went to a Waffle House, and decided he was ‘gonna invent a career.’ He founded Reddit
By Preston ForeJanuary 31, 2026
2 hours ago
Ryan Serhant taking a selfie
SuccessProductivity
Ryan Serhant starts work at 4:30 a.m.—he says most people don’t achieve their dreams because ‘what they really want is just to be lazy’
By Preston ForeJanuary 31, 2026
4 hours ago
C-SuitePolitics
Minnesota CEOs chose deescalation over outrage. Did it work?
By Geoff ColvinJanuary 31, 2026
4 hours ago
Albert Bourla
SuccessView from the C-Suite
Pfizer CEO Albert Bourla’s best leadership advice: Being optimistic is better than being right
By Preston ForeJanuary 31, 2026
6 hours ago
Sweat cofounder Kayla Itsines
SuccessHow I made my first million
Kayla Itsines became a millionaire at 22 and sold her fitness app for $400 million—buying a gas station paid her rent
By Emma BurleighJanuary 30, 2026
1 day ago
SuccessCareers
Kevin Warsh went from selling racetrack pencils to Trump’s new Fed chair pick. His advice for Gen Z: Merit is the ultimate currency in the workplace
By Preston ForeJanuary 30, 2026
1 day ago