MINISODE: 3 Ways To Help Prepare Your Business For A Potential 2020 Recession
As coronavirus continues to create uncertainty in our daily lives that’s being reflected in the stock market, we’re starting to hear more and more talk about an oncoming recession. And while we’ve not yet been declared to officially be in a recession (as of the time of this recording)—we are overdue. Fortunately for entrepreneurs, our job description is to help people by solving problems. And while a recession brings problems to light, it also brings opportunities for entrepreneurs to solve those problems.
We know that this can be an incredibly uncertain time, and you’re likely wondering how to be proactive and help prepare your business for a potential recession once the coronavirus quarantines are over. Dustin and Danielle give their 3 best ways in this short video, which we hope helps calm some of your fears and answers some of your questions.
WHAT YOU’LL LEARN
- Is this market uncertainty from coronavirus quarantines going to result in a recession?
- What is a recession and how does it work?
- Options to increase cash flow
- Ideas to prepare for what the economy may look like for businesses after COVID-19
This material is for general information only and is not intended to provide specific advice or recommendations for any individual.
Resources & People Mentioned
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- Schedule a free call with us — Are we a good fit for your financial planning needs?
- We dive deeper into some of these preparedness topics in our episode 97, What You Need To Know So You Can Prepare for 2020.
- The Toujours Planning Blueprint to Wealth + Security
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Connect With Danielle and Dustin
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