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Economic chatter has been getting louder, and whether it's on the news, on podcasts, or in group chats, the word "recession" gets thrown around a lot. But for MedSpa owners, economic shifts don't just show up in the stock market — they eventually show up in bookings, memberships, retail product sales, staffing decisions, patient financing behavior, and overall business stability.
That means it's worth understanding what we're actually talking about when we talk about a recession. Before we look at indicators and how they affect aesthetics, let's start with the basics.
You can find show notes, resources and more at: https://medspafinancial.com
By Scott Wisniewski and Jonny McMullenEconomic chatter has been getting louder, and whether it's on the news, on podcasts, or in group chats, the word "recession" gets thrown around a lot. But for MedSpa owners, economic shifts don't just show up in the stock market — they eventually show up in bookings, memberships, retail product sales, staffing decisions, patient financing behavior, and overall business stability.
That means it's worth understanding what we're actually talking about when we talk about a recession. Before we look at indicators and how they affect aesthetics, let's start with the basics.
You can find show notes, resources and more at: https://medspafinancial.com