July 23, 2024

Recession and Your Business

Good Morning

A friend/client told me that he heard that a recession could happen in 2020 and was wondering if I saw any early signs from my business perspective. 
I told him, and now you, that from what I read in newspapers, watched and heard on the news, the signs are beginning to appear that the economy is starting to slow down. In fact the Star-Telegram newspaper ran an article with the headline “US trade war worsens world economy’s slowing growth.” 
The signs are out there if you look for them. Some of the signs I look at are home sales and big ticket items. These tell me if people are feeling confident enough about their jobs and life in general to make big investments and take on debt, or are putting off making purchases until either absolutely necessary or everything gets better.
So, if a slowdown or recession is coming, what are you going to do? Are you going to bury your head in the sand and wait until a recession has been declared, which is too late, or start taking action now? By the way, the year is almost half over. It’s just a little over 4 months before the holiday season starts!
Not sure where or how to start? Download my free checklist “7 Proven, Powerful Ways To Increase Income” by going to www.7proven.com and start completing each item, then contact me to acquire the more advanced systems to prevent a slowdown or, worse, a recession from affecting your business and lifestyle!
Till next time, Great Things Happen, But You Have To Take Action NOW!

Philip FreedmanYour Doctor of Customer Acquisition, Retention and Enhancement
P.S. Get 7 Proven, Powerful Ways to Increase Your Business Income. Click Here  or go towww.7proven.com