The Bright Balloon

110. Recession-proof your business


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So the topic of this episode might feel a little bit scary, but I actually came away from this recording session with a lot of ideas!

Elizabeth and Jeff share a bunch of proactive things that you can do when you see inflation starting to affect your business and the things around you. From analyzing your pricing and profitability to adjusting your marketing strategy, there are plenty of things you can do to avoid being a victim of a recession!

Listen in and let us know what steps you're going to take first to maintain a healthy business!

TIMESTAMPS:

01:29 - what to do when a recession feels imminent

06:39 - shifting and pivoting your business

15:54 - pricing and profitability

25:04 - saving, investing and selling

37:29 - specific actions to take now

RESOURCES MENTIONED:

Asset Lab

Havin' A Party Wholesale (save 5% with code BRIGHT)

Fiore Accounting & Tax Services

Ep. 81 Price Transparency

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