One thing we have seen with the recent downturn is that government or no one is out to help you and what do you do in the downturn when it comes to employees. Who do you keep? How do you sustain them? Just three months ago, a relative of ours over Christmas dinner was talking positively about their company and how busy they were. Now last week, they have three days left and nowhere to go. The company has pretty much closed its doors. Yes, downturns will always impact others in specific ways, and yes, you cannot always keep everyone. Sometimes there are just things in life beyond our control.
But what goals are you setting as a business to protect you and your employees against the downturns? We have also witnessed small businesses that are keeping all of their employees and hiring as well. Bottom line, take this time to adapt your business and make it as recession proof as possible. Consider what went wrong and what you can do in the future to correct the issue. Set goals!
Setting goals, from our own experience and those around us, is a boring chore! But it is extremely effective. So why don’t more people do it? We all become complacent and just put that stuff off to the side. There is always something more important to do, other than sitting and writing, understanding what the next steps are. Set small goals and then have one big goal they are leading you to.
To review your goals, feel free to reach out to us at Future To Now Consulting to get the conversation started.