How Will the Economy Affect Your Business This Year?
Economic conditions impact all businesses, but small businesses often feel the effect of changes sooner. Upswings in the economy mean more disposable income, which can provide a rush of new or expanded business opportunities for your firm. But dips in the economy may make it harder for you to break even, to cover payroll, or to qualify for loans that will increase your growth opportunities.
While you can’t control the economy, you can take steps to ready your small business for unexpected changes. One simple tool to consider is a stress test.
Steve Wanner is a highly respected 37-year-old partner at Ernst & Young, married with four young children.
When Wanner started working with “The Energy Project”, a consulting company focused on sustainable performance, he was working 12- to 14-hour days. Wanner was overweight, perpetually exhausted, and felt guilty about his family life. He was distracted, slept poorly, and made no time to exercise. Like many professionals, daily demands were pushing him to the limit.
Time is a limited resource, and often people recognize that better time management could make a huge difference. Many leaders think they can excel by working harder or being more organized, but simply working harder almost always leads to anxiety and a difficulty disconnecting at night.
2019 was a year where taking risks in design was considered normal.
What design trends can you look forward to this year? As we round the corner into a new decade, we may see a softening of some of 2019’s more abrasive trends and a shift toward simplified contrasts when designers want to be bold.
Did you know it only takes seven seconds to make a lasting impression on new people that you meet?
If this is true in personal relationships, how significant are the impressions your business makes with customers? Great entrepreneurs know that if you want long-lasting, loyal clients (who spend AND who voluntarily advertise your excellent service by word of mouth), then you must prioritize customer relationships and consistently offer superior service.
Herron Printing & Graphics
7621 Rickenbacker Drive Suite 300 Gaithersburg, Maryland 20879 Phone: 240-406-4083 Email us »
If you value consistent, high-quality products delivered on time and on budget, then we are the right choice for your next project. We have the expertise to help turn your ideas into reality. You can trust us to produce exactly what you need, exactly when you need it.