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How Do You Protect Your Margins?
Manage episode 152501380 series 1061374
Το περιεχόμενο παρέχεται από το Kathy Moore. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Kathy Moore ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
Shift Tactic Number Two is all about expense management. Shift Tactic Number Two is all about expense management. Ultimately, how do you protect your margins when business slumps?
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You may need to shift your focus on expense management to do this more effectively. Think about who will be affected during a market shift, and whether or not you can thrive in a down market. In the short-term, you will feel the pain, but if you cut and track your expenses you will stand a much greater chance.
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Prepare for the market
downturn before it ever happens.
downturn before it ever happens.
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The important thing is to plan for a market shift right now. There are four strategies to keep in mind to prepare:
- Measure your market.
- Size your business.
- Cut your fat.
- Make the most of what you have.
If you’re interested in learning more, please contact me and we can set up a time to speak and I’ll also give you your free copy of Shift Tactic Number two.
I look forward to continuing this conversation!
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