This episode discusses strategies for navigating current global events and macroeconomic factors. Learn about key macroeconomic factors like oil prices, inflation, interest rates and labor market shifts and how they impact your business. Discover proactive preparation techniques, including analyzing supply chain vulnerabilities, monitoring interest rates and strategically adjusting pricing. Understand the importance of regularly reviewing your financials and developing cash flow forecasts for various scenarios. Tune in to equip your business with the tools needed to face economic challenges.Referenced Episode: "How Risk Management Protects Your Cash Flow" (Risk Matrix) https://youtu.be/bkxGCoaRUr8Referenced Article: Stacey Vanek Smith on NPR, "Oil's Magic Price" https://www.wuwm.com/economy-business/2018-03-02/oils-magic-price?_amp=true&utm_source=chatgpt.com
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