MD033 - Recession Business Planning

Business Buffet

Ed Bejarana

Marketing, Business, Business Strategies, Entrepreneurship, Business Tips, Small Business, Leadership

1 • 981 Ratings

🗓️ 21 April 2020

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Small Business Development Center in Clackamas Oregon, and my operations professor in college, both agree that during times of recession, you package offerings. While technically not yet in a declared recession, with 17 million new unemployment...

Transcript

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0:00.0	With over 65 years of combined business experience, virtual web department brings practical,
0:05.2	real-world experience to small business owners.
0:08.5	Visit virtual web department at virtual web department.com, web development, social platforms
0:14.6	management, and audio-video production expertise at an unheard of flat fee price.
0:22.5	Stock markets don't dictate local business markets.
0:27.2	Well, they are a leading indicator of the overall health of the economy.
0:32.0	What happens on Wall Street has little direct impact on Main Street.
0:37.3	Sure, those with money in the market are hurt
0:40.3	by the downturn in valuation, but you shouldn't be running your business off the profits
0:46.5	you make from stock investments. If you are, then we need to talk about a different podcast episode.
0:53.4	As we gear up for this new recession,
0:56.7	it is my contention that you have the opportunity of a lifetime.
1:01.4	Never before has small business been so well placed for booming post-recession times.
1:08.8	Stay tuned, as we'll present three things you can do now to capitalize
1:13.5	on the American economy in this recession. Welcome to the business buffet podcast with Ed
1:22.2	Bayharana and Phil Anderson. This is a conversation in and around business with a pinch here and a
1:28.6	sprinkle there of anecdotal stories. Like most buffets, we will offer the staples, you know,
1:33.6	the things that are in every buffet, the meat and potatoes with a cursory helping of veggies. Our
1:39.7	Business Buffet podcast aims to give you the fundamental principles and strategies any successful
1:45.4	business needs to know. Please subscribe to the Business Buffet podcast wherever you download
1:50.7	your podcasts. We hope you're hungry as the business buffet is open and ready to serve. Now, here
1:57.8	is Ed Beharana and Phil Anderson.
	...

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