Surviving the Coming Recession
Webinar presented May 6, 2020
Although the artisanal banana-papaya muffins in your yoga/break room may be one of the first things on the chopping block when you consider how to survive the coming recession, they undoubtedly won’t be the last.
What steps can you take NOW to boost the chance that your company will be in business next year?
In this CLCA Member Benefit Webinar, Frank Niccoli is back with more practical advice to keep your business in business, presented through the eyes of an experienced C-27 landscape contractor who has “been there, survived that.”
Most second quarter GDP predictions have ranged from horrible (-8 percent) to catastrophic (-15 percent). Goldman Sachs just blew those estimates out of the water. The bank recently issued a research note with its projection for GDP loss in the second quarter of 2020: Down 24 percent, the result of a “sudden stop for the U.S. economy.” With the unemployment rate skyrocketing and the housing market cratering, things are not looking better for the third quarter.
- Customers and customer loyalty
- Employees and employee morale
- Maximizing your marketing expenditures
- Analyzing key financial indicators
- Revenue diversification
- Strategic partners