Preparing for a Downturn in the Economy – It’s No Different than Preparing for an Upturn
Turning an economic downturn into a financial upturn for your business.
Whether it’s around an inverting yield curve, asset bubbles about to burst in the housing and stock markets or just a “long in the tooth” expansion; there are loads of discussions taking place on how our robust economy could be nearing a downturn.
How can you determine what this might mean for your business? Here are some thoughts I developed with a colleague recently. We applied the concepts to our businesses to help us prepare for a changing economy.
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