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Where do you see the economy going? Are your prepared as a small business owner to weather the potential coming storms?
Today Brett Bauma talks about the current state of the economy and what he thinks you should be focused on moving forward. Many contractor businesses have been booming with this housing market, but when will that change? Are you following the economy and markets daily?
One morning you could wake up and see that the Fed raised interest rates and the stock market plummeted. Are you ready for that? You need to be prepared in your business to handle economic downturns. Seeking ways to build diversity and explore other markets that are not as effected by economic downturns is one way to help. One other area you need to build strength in your business is employee loyalty and building a trustworthy team that is truly a part of your company.
Listen to this current market update, and make sure to sign up for our twice weekly Market Update Newsletter which will help you stay up to date on hot topics in the economy.
By Brett BaumaWhere do you see the economy going? Are your prepared as a small business owner to weather the potential coming storms?
Today Brett Bauma talks about the current state of the economy and what he thinks you should be focused on moving forward. Many contractor businesses have been booming with this housing market, but when will that change? Are you following the economy and markets daily?
One morning you could wake up and see that the Fed raised interest rates and the stock market plummeted. Are you ready for that? You need to be prepared in your business to handle economic downturns. Seeking ways to build diversity and explore other markets that are not as effected by economic downturns is one way to help. One other area you need to build strength in your business is employee loyalty and building a trustworthy team that is truly a part of your company.
Listen to this current market update, and make sure to sign up for our twice weekly Market Update Newsletter which will help you stay up to date on hot topics in the economy.