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Boutique Chat

How to Recession Proof Your Business

Boutique Chat

Ashley Alderson

Business, Marketing, Retail, Boutiquetips, Fashionindustry, Fashionbusiness, Entrepreneurship, Businessstrategy

5853 Ratings

🗓️ 24 May 2022

⏱️ 15 minutes

🧾️ Download transcript

Summary

We all know the retail business is not an easy business, so how can we make your business one that is tried and true throughout the times? Today I am going solo to bring up an important topic that is looming over all of us. It's time to discuss how to recession proof your business.

I will be addressing where you can save money in your business, what categories you should be buying into, and how to manage your investments vs your expenses. Today's episode is an important one, so make sure you don't miss out!

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Transcript

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0:00.0

Let's talk about your business, strategy, and the juicy details of what actually works,

0:09.7

from mainstream fashion to fashion on Main Street and the entire ecosystem behind it.

0:14.7

How do we scale your company and do it with the balance and the happiness that we all seek?

0:19.4

Let's hear from those insiders, experts,

0:21.5

and strategists that actually make it happen. I'm your host, Ashley Alderson from the boutique

0:25.7

hub, and I can't wait to chat.

0:35.3

Hey guys, it's you and me and probably one of the most important topics we are going to talk about in a while.

0:42.4

It's just a solo episode today, but I'm coming to you from a late night in my office, just really

0:49.2

thinking about what's happening in our industry right now. And I'm sure it's something that's

0:53.0

definitely been on your mind too. I feel like I have this question every day about how are sales and boutiques

0:58.8

right now and what's happening in these other businesses and what do you think's going to happen

1:02.6

with the economy? And I always think of this phrase, how can we work on recession proofing your

1:10.3

business? How can we make your business one that

1:13.3

is tried and true throughout the times? Because we know that retail is not an easy business. It is a

1:19.9

business of many highs and many lows. But it's about how we ride out those highs and lows that really

1:25.9

determine what is the future going to be

1:27.9

for our business. So tonight, today, whenever you're catching this episode, I just want to share

1:33.9

a couple of quick tips that I think might be really helpful right now. I always want to start

1:39.3

off with this first. I think that your mindset as it pertains to this topic is incredibly important.

1:45.5

I'm not about toxic positivity and it's all roses, right?

1:49.5

We're wearing rose-colored glasses.

1:51.2

Not at all.

...

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