How to Recession-proof Your Sales

1667 Cole Boulevard,Lakewood CO 80401

04 October, 2022

Description

Depending on who you listen to, we are either in or about to enter a recession. Some manufacturers continue to be very busy with orders placed months and often years ago. 68% of CEOs surveyed believe we will enter a time of economic slowdown we just do not know when or how server this slowdown will be. Of the 68% who said they believe a recession or economic slowdown will occur, sadly, less than 15% have a plan today should it occur. In the last recession, 75% of companies saw a decline in revenue, and 14% of companies experienced growth. What did the 14% of companies who grew in the recession do? What do manufacturers need to do now so we can be prepared should an economic slowdown occur?