Podcast Ep. 64 Justine McLean – The R Word – How To Recession Ready Your Business

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Like the ex that broke your heart, the frenemy that just seems to always turn up at the same events as you or the schmoozing uncle from Bridget Jones Diary you’d rather avoid, we’ve been dancing around the R word, the Recession we might have to have, for the last few months.

Considered an unavoidable part of the business cycle, it seems that Australia has gone through a recession pretty much every ten years or so since the 70s, I’m including the global financial crisis of the noughties in there too. Add the pandemic, and the economic fallout for business owners subjected to lengthy lockdowns over the last two years, and a recession could not have come at a worse time. 

For many business owners either starting to recover from the impacts of Covid or still struggling with the aftermath, a likely recession might just be the straw that breaks the proverbial camel’s back.

But rather than dwell on the negative, in this episode, I wanted to share some strategies that may help recession-ready your business. So, dive in and take a listen to my tips to recession-ready your business.