When tough times come that threaten the economy - what should we be doing and looking out for?
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When tough times come that threaten the economy - what should we be doing and looking out for?
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With global uncertainty rattling supply chains and confidence, Mike and Scott lay out a four-question framework for owners to stress-test their business against a wobbling economy - grounded in real examples from their own portfolio.
Drinking beer from: Black Sands - Head Above Water Hazy Double IPA (7.3%)
Eating a pie from: Dairy Flat Bakery - Burger Pie
You'll learn:
-How to separate a "blip" from a genuine "trend" in your numbers;
-Which lead indicators actually matter for import/export businesses (hint: watch the USD);
-Why annual pricing reviews are too slow for this environment;
-How to front-foot hard conversations with customers before you have the full solution;
-and why waiting for perfect information is itself a risk.
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