Whether you are a small business owner or a large one, the word “recession” is something you don’t want to hear. Getting customers during this period can be challenging because they will be more selective over their spending. To keep the business afloat, prices are adjusted, expenses are reduced, and new investments are postponed until…
Tag: Recession
Is Recession coming in 2023? How do you prepare for it?
When you look at today’s global environment, you would definitely say it is not looking good in many aspects. From the war in Ukraine, the continuous tensions between the US and China, and the effects of climate change to the onset of inflation in many parts of the globe, there doesn’t seem to be any…
It’s Inflation Time and Why It Should Matter to You
In recent months, almost everything spiked in price. From food, clothes, and electricity to gas, it is slowly becoming expensive for everyone. Inflation is the one to blame for this price spike, and it is not something that can easily be fixed. Inflation occurs when there are changes to the economy, both on an international…
Guest Post: What is financial anxiety? Simple trade-offs for eliminating your anxiety around finances
During pandemic, we all have our own financial worries. Worrying about putting food on the table, worrying whether our job will be at risk, worrying if we will be unemployed overnight. It can get too much, overpowering us, causing anxiety and stress. One of the posts I’ve come across sum it up perfectly with sound…
How to Focus on Your Business Goals during Tough Times
It is undeniable that times are changing and it is becoming normal to hear about businesses struggling or closing down. As a business owner, this news can be disheartening because you will never know whether you are going on the same path or not. But instead of fearing what can happen, you must find ways…
How to Have A Successful Job Search During COVID
COVID-19 has changed pretty much everything we know, especially when it comes to our careers. Some of us lost our jobs because we are part of the industries that are affected the most by the pandemic. While others are still uncertain if their jobs will last even after the pandemic. If you are looking for…
How to Tell if Your Company is Going Broke
In every economy, there are companies that are able to rise above the others regardless of the various challenges thrown to them and there are companies unable to cope. It can be hard to tell if a company is going down because you are not so sure which warning signs to watch out for. There…
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