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519: What Would Lu Do?
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:45:29
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Sinopsis
Welcome to A Well-Designed Business! LuAnn has been considering adding a Wednesday show answering straight-up questions that you ask her via email and SM, and with everything happening in the world right now, she thought this was the perfect time to debut “What Would Lu Do?” On today’s episode, she will be discussing doing business through a crisis. In the 40 years, she’s been in business, she has had to weather all kinds of crises, such as recessions, acts of terrorism, and viral pandemic scares. Listen in to learn how you can be smart, strategic, and patient to help you get your business to the other side of this! Be sure to join her next Wednesday as she shares some additional tips to help you through this difficult time. Show Highlights: This is critical: 1) Don’t overreact. 2) Don’t NOT act. Cash flow is KING. Everything in your business will depend on your cash flow. The first-level action plan: Focus on sales. Monitor cash flow and keep your vendors paid. Review all money owed to you and col