This series is a DIY CONSULTING tool that will guide and support you to “Recession Proofing Your Business”. We are convinced, and have been reporting for the last year, that the United States and the world have an economic downturn in the immediate future.
No one at IBGR is a prophet or soothsayer, just serial entrepreneurs with an understanding of economics and old enough to have run businesses during the Recessions of 1979-1983, 1992-1993, 2000-2001, and 2007-2009. We understand how challenging the situation can be and how infuriating. Like the Covid lockdowns of 2020-2021, these are potential company killers you didn’t cause. The only thing you can do is act in ways to preserve the company until a contraction becomes an expansion.
We have been managing our companies based on economic conditions for the last 20 years and it is a simple model: Strengthen Your Core during a contraction to come out of it stronger so you can have a Multiplier Effect (maximize revenue and profits) in the expansion. This series is dedicated to help “Strengthen Your Core”.