The Coming R-Word?
What if a recession is coming?
I listened to another round of talks today about the possibility of another recession.
It’s been a while and the 2007/2008 version was brutal.
And with all of the new money in the market and the growing inflation, you have to know the stage is set.
Not just set for recession, but set for a deep one.
So what do we, as business owners, do?
For one we need to focus on fundamentals.
During times of change being good about the basics is critical.
And so is #businesspivotability (which we’ve talked about in the past - and will again).
So keep in touch with your network. Double down on what you do well. And don’t over-expand too quick.
I can’t tell you when the next recession will hit. But the fundamentals tell me it might be brutal.
Basics. Focus. Fundamentals.
If you need someone to look over your operations, give me a call.
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