Jul 14, 2022
There are two schools of thought regarding the current economy and how it affects independent retail businesses.
Group number one says, “Don’t listen to all the hype and negativity in the media. Retailers are NOT struggling right now, and many are up!”
Group number two says, “Inflation is on the rise. We see it everywhere, and there’s no denying it. No one is shopping, my local economy and residents are hurting, and sales are way down.”
Whichever school you subscribe to, we can all agree that the economy affects every retailer differently! Listen to today’s episode to learn what you can do to protect your business both in the current economic state and whenever you face a cash flow crunch in the future.
For show notes, including links to all of the resources mentioned in this episode, visit www.savvyshopkeeper.com/episode130.
Learn more about Kathy Cruz and Savvy Shopkeeper at Savvy Shopkeeper
Follow Kathy on Instagram (@savvyshopkeeper)