#589 Why You Don’t Need to Be Afraid of Recessions

SEGMENT 1, starting at 0:00: The savvy entrepreneurs are the ones making plans now, so they can be ready when opportunity knocks. They’re looking forward to purchasing failing companies, hiring top talent, and investing in marketing when others are caught unprepared by a recession. Here to help small businesses prepare for a recession and turn it into a profitable opportunity is Jonathan Slain.SEGMENT 2, starting at 20:00: One of the things you need to do right now is keep your community together. But how do you do it when your revenue is sharply reduced or your business is temporarily closed? Here to help is Ramon Ray.SEGMENT 3, starting at 37:10: One of the hardest hit areas of the pandemic shutdown is restaurants. While some of them are doing takeout, for most this is a fraction of their revenue. What does reopening this part of the economy look like? Here to help is Dirk Izzo, Senior Vice President of NCR Hospitality.Sponsored by Mitel and ThryvBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-small-business-radio-show--3306444/support.